Nirmala Sitharaman city New Delhi covid-19 pandemic innovations economy Nirmala Sitharaman city New Delhi

Sitharaman urges IMF to devise innovative methods to fund Covid-19 requirements

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Speaking at the virtual meeting of G20 finance ministers and central bank governors, Sitharaman made specific interventions on reviewing and enhancing the IMF toolkit and further expanding the swap line network New Delhi: Finance Minister Nirmala Sitharaman on Tuesday urged the International Monetary Fund to develop innovative and ingenious methods to meet the Covid-19 related financing requirements of member countries given “severely constrained" policy space in most countries.

Speaking at the virtual meeting of G20 finance ministers and central bank governors, Sitharaman made specific interventions on reviewing and enhancing the IMF toolkit and further expanding the swap line network. “On the issue of swap arrangements, Sitharaman

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