India’s finance minister urges World Bank to mobilize private capital and focus on jobs
The Economic Times reports she also called for affordable financing and stronger representation for developing countries in World Bank governance.
TLDR
The Economic Times, publishing a PTI report, says Indian Finance Minister Nirmala Sitharaman urged the World Bank to mobilize private capital to create jobs and boost productivity. At a meeting in Bangkok, she outlined six priorities, including affordable financing, addressing market failures and strengthening developing countries’ voice in the bank’s governance. She said success should be measured by jobs created and productivity gains, not the volume of financing mobilized.
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