Sitharaman pitches for strengthening of MDBs to address trans boundary challenges

India's Finance Minister, Nirmala Sitharaman, highlighted the need to strengthen multilateral development banks (MDBs) such as the World Bank and the Asian Development Bank to address trans-boundary challenges during the Group of Seven (G7) meeting of finance ministers and central bank governors. Sitharaman also stressed the importance of sustainable growth, balancing sustainability and economic goals in the short and long run, and investing in technology and digital public infrastructure to achieve inclusive growth.

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