New
Delhi: The role
of the International Monetary Fund (IMF) in crisis management,
combating money laundering and financing of terrorism are some of
the major issues for discussion at the annual spring meetings of
the World Bank and the IMF beginning in Washington on 20 April
2002.
Finance Minister Yashwant
Sinha, who will also attend the G-24 ministers meet and the
extended session of G-7 group of countries, leads the Indian team.
India will play a leading role in articulating the concerns of the
emerging economies at the three-day meet, which will deliberate
upon global economic outlook, and risks and vulnerabilities in the
world economy.
While the policy
responses to the emerging challenges in the global economy will
dominate the agenda of the International Monetary and Financial
Committee, the development committee of the World Bank will take
up the issue of enhancing the effectiveness of development
assistance and ensuring that resources are available to meet the
millennium development goals.
Sinha will hold
discussions with World Bank president
James Wolfensohn on national and global economic issues and
participate in several bilateral meetings. Sinha will also address
business leaders and interact with US industry captains and
financial institutions.
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