Time for multilateral institutions to be relevant in post-Covid world: FM ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 18
Finance Minister Nirmala Sitharaman on Tuesday said it is time for multilateral institutions like World Bank and IMF to make themselves relevant in the post-pandemic world. She also said there is a need for debate over 'freebies'. Speaking at the release of book titled Recalibrate: Changing Paradigm, the minister said, there is a strong case for setting up of Fiscal Council as recommended in the book to further strengthen the fiscal discipline. The book is authored by Finance Commission Chairman N K Singh and Principal Secretary to the Prime Minister P K Mishra.

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