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Monday, October 10, 2016

Jaitley makes a strong pitch for re-capitalising World Bank


Jaitley was representing the Constituency of Bangladesh, Bhutan, India and Sri Lanka, at the 94th Meeting of the Development Committee (DC), the Ministerial-Level forum of the World Bank Group and IMF for inter-governmental consensus building on development issues, here yesterday.


In view of the World Bank being capital-constrained, Finance Minister Arun Jaitley today emphasised on the need for re-capitalising the Bank to enable it to meet Sustainable Development Goals (SDGs) and twin goals of eliminating extreme poverty by 2030 and boosting shared prosperity.



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