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Union Minister of Finance Shri Arun Jaitley met Ms. Kristalina I. Georgieva the Chief Executive Officer World Bank Group

News and Press Release - Dated:- 1-3-2017 - An increase in IBRD s support is imperative to meet India s current requirement of USD 5-7 billion The Union Minister of Finance, Shri Arun Jaitley, emphasized the need for increasing the World Bank Portfolio for India at a meeting with Ms. Kristalina I. Georgieva, the Chief Executive Officer, World Bank Group today. The Union Minister of Finance said that since India has now decided to take assistance from the World Bank only through International Ban .....

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charges levied on the undisbursed loans; exploring innovative financing options and relaxing the requirement of Sovereign Guarantee for loans to AAA rated organizations. The meeting was also attended by Secretary (EA), Special Secretary (EA), Executive Director (India) for the World Bank Group, Vice President (World Bank Group) and Country Director (India).The discussions held ranged from the performance of ongoing World Bank Projects in India to various policy issues relating to the World Bank .....

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