New Delhi, December 11, 2024: At the CII Global Economic Policy Forum, Finance Minister Nirmala Sitharaman addressed several critical global economic issues, stressing the need for restoring stability in international markets amidst rising geopolitical tensions and persistent inflationary pressures. She emphasized the importance of collaborative global efforts to combat inflation and sustain economic growth through stable policies. Sitharaman’s remarks reflected India’s commitment to contributing to global economic stability during these challenging times.
The Finance Minister also highlighted India’s ongoing efforts to manage its fiscal health while balancing the risks of global debt vulnerabilities. She called for international cooperation and structured reforms to address the challenges of rising debt levels, particularly for developing countries facing financial strains. Sitharaman pointed out that strengthening global debt management is essential for ensuring a sustainable economic recovery, which could benefit economies worldwide.
In her speech, Sitharaman reassured both global and domestic stakeholders of India’s resilience and reform-driven approach to navigating these uncertain times. By focusing on strategic policy decisions, she reiterated India’s dedication to fostering long-term economic stability, not only within the nation but also as part of the global economic landscape.
