BRICS Summit 2021

BRICS Summit 2021

BRICS Summit 2021 / India hosts summit of BRICS Finance Minister

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BRICS Summit 2021

Finance Minister Nirmala Sitharaman addressed the first meeting of BRICS Finance Ministers and central Bank Governors meeting virtually from New Delhi, on 6 April 2021.

The BRICS Summit 2021 was co – chaired by her and RBI governor Shaktikanta Das virtually from New Delhi.

Issues discussed in the meeting included :

  • Global economic outlook
  • Social infrastructure
  • IMF reforms
  • Fintech for SME
  • Financial inclusion etc.

She underscored the need to enhance financial flows to developing countries beyond $ 100 billion for this purpose.

BRICS is an important grouping bringing together the major emerging economies from the world.

The BRICS group is playing key role in responding to current global crisis through policy support by enhancing international policy coordination.

Reference : https://timesofindia.indiatimes.com/india/china-backs-brics-meet-in-india-xi-may-attend-it/articleshow/81162638.cms

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