India to focus on financial issues at IMF meet

Issues related to global economy and international financial architecture are expected to be the focus of finance minister Pranab Mukherjee during his 4-day visit here starting on Wednesday to attend the annual spring meeting of the International Monetary Fund and World Bank.

Issues related to global economy and international financial architecture are expected to be the focus of finance minister Pranab Mukherjee during his 4-day visit here starting on Wednesday to attend the annual spring meeting of the International Monetary Fund and World Bank.

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Mukherjee has a hectic schedule which includes not only attending the meetings of the IMF and the World Bank, but also those of other important groupings such as G-20, G-24 and BRICS, besides holding a series of bilateral meetings.

“During these meetings, the finance minister would be highlighting issues related to global economy, international financial architecture and cooperation on issues related to international taxation, besides expedition of action on setting up of BRICS new developmental bank,” an official said ahead of the meeting. At the IMF, India is expected to link announcement of additional resources to the IMF to the implementation of 2012 quota reform, officials said.