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Global economic recovery slow & uneven, needs joint action: Nirmala Sitharaman.
Nov 08, 2023

Finance minister Nirmala Sitharaman on Monday said world economic recovery remains 'slow and uneven' and medium-term growth prospects have weakened further, as she called for coordination at both global and domestic levels to ensure a swift rebound.
 
At a seminar on Strong, Sustainable, Balanced and Inclusive Growth in the Capital, Sitharaman said the New Delhi Declaration of G20 leaders in September underscored the urgency of adopting well-calibrated structural policies to bolster equitable growth and improve macroeconomic and financial stability.
 
She stressed that while India's G20 presidency-which has 'mainstreamed the concerns and aspirations of Global South'is coming to an end this month, momentum must be maintained on the policy guidance offered by the New Delhi declaration. 'Not only should we engage with G20 partners to take forward the outcomes, but we should also explore how best we can integrate these outcomes into India's domestic policy-making process so that we can lead by example,' Sitharaman said.
    
economictimes.indiatimes.com

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