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Major Highlights of the Finance Minister Shri Arun Jaitley s Engagements in Washington D.C. on 15th April 2016 the Third Day of his US Official Visit; Participates in G-20 Finance Ministers and Central Bank Governors Meeting; Holds a Bilateral Meeting with the World Bank Group President Mr Jim Yong Kim among others

News and Press Release - Dated:- 16-4-2016 - On the third day of his US official visit, the Union Finance Minister Shri Arun Jaitley participated in the G-20 Finance Ministers and Central Bank Governors Meeting in Washington D.C. yesterday. G-20 is a premier forum for international economic cooperation. The Finance Minister Shri Jaitley welcomed the agreed timeline of October 2017 for shareholding review in IMF and said that the new quota formula should enhance the voice, role and voting share o .....

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s. G-20 Finance Ministers have committed to take stern measures to prevent corruption, tax evasion, terrorist financing and money laundering. The Union Finance Minister Shri Jaitley also held a bilateral meeting with the World Bank Group (WBG) President Mr Jim Yong Kim. FM supported the WBG assessment of its funding and capital requirement and encouraged the President to raise annual financing volumes of the World Bank Group to $100 billion a year. Referring to the excellent contribution made by .....

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