Finance Minister participates in 102nd meeting of World Bank Development Committee Plenary

Finance Minister Nirmala Sitharaman participated in 102nd meeting of the World Bank Development Committee Plenary through video conference. In her intervention at this session, Mrs. Sitharaman said that COVID -19 Pandemic continues to impact the developing and developed countries till date and the hard fought gains in reducing the level of poverty, achieved
over a number of years, are at risk of being lost. The Finance Minister stated that collective action is the key for effective response to the pandemic and welcomed the strong performance in quarter – 4 of financial year 2020 wherein World Bank Group has committed 45 billion dollar
for COVID-19 response.