India took over the presidency of the G20 on Thursday.
The International Monetary Fund (IMF) 'fully' supports the G20 agenda of India which formally assumed its chairmanship on Thursday. A senior official of the international financial body was speaking to a group of journalists ahead of his visit to China and India next week, according to news agency PTI.
Sela Pazarbasioglu, director of the Strategy and Policy Review Department at the IMF, said, "India is putting together a collective agenda for a more prosperous future. They (India) are using the ongoing (global) crises as an opportunity to build consensus." are planning to do." issues that really need immediate attention."
Apparently, Pazarbasioglu was referring to the food and energy crisis caused by the Russia-Ukraine war that began in February this year.
The IMF "fully supports" India's G20 agenda, he was quoted as saying by PTI.
Citing the theme of India's G20 Presidency 'One Earth, One Family, One Future', the IMF official pointed out that India is prioritizing the need to resolve differences and work at the local level, federal level and international level .
According to him, India played a key role in negotiating the G20 declaration in Bali, Indonesia.
“As you know, we haven't been able to make a declaration or a communique in the last two ministerial meetings, they were presidency summaries. I won't go into the details of how many hours it took. But so it was a great achievement, which included very strong language, that a majority of members condemned the war in Ukraine," she said, reported PTI.
He asserted that India has announced its own set of priorities which are important to the global community. "Whether it is on the debt side, on the tax side, efforts are on for other priorities," Pazarbasioglu said.
The top IMF official also said that India has been a leader in digital public infrastructure which is important for good governance and the present circumstances.
A successful outcome of the IMF's 16th General Quarterly Review is going to be particularly important for this.
Earlier the day India assumed the presidency of the G20, PM Modi said in a blog post that some countries are stuck in a "zero-sum mindset" fighting over territory or resources and weaponizing the supply of essential goods. have been
“As India assumes this important position, I ask myself – can the G20 still move forward? Can we catalyze a fundamental change in mindset to benefit humanity as a whole? I believe that we can," he said in the article sharing his thoughts on the important milestone for Indian diplomacy.
He also wrote about climate change, terrorism and the pandemic's biggest challenges and asserted India's democratic credentials over growing criticism of India's "crackdown" on civil liberties.
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