India News | Finance Minister Meets UN Deputy Secretary General; Exchanges Views on Financing SDGs

New Delhi, Jul 4 (PTI) Finance minister Nirmala Sitharaman on Tuesday met United Nations Deputy Secretary-General Amina J Mohammed and exchanged views on financing of Sustainable Development Goals (SDGs) and the ongoing G20 India Presidency.

"FM Smt. @nsitharaman highlighted the four main agenda of the #G20 #FinanceTrack under #G20India Presidency, i.e., debt distress; #DigitalAssets/currency; strengthening #MDBs; and #DPI Digital Public Infrastructure/ tools," the finance ministry said in a tweet.

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During the meeting Sitharaman said a G20 Expert Group on 'Strengthening MDBs' (multilateral development banks) has been constituted to undertake an evaluation of the scale of funding required by low and middle-income developing countries to address the ever-increasing financing gap for SDGs and trans-boundary challenges.

"FM Smt. @nsitharaman observed that #G20 needs to provide momentum for International Financial Institutions #IFIs and #MDBs to step-up to provide adequate financing at affordable terms to enable the developing countries to achieve the 2030 Agenda and the environment and climate goals," another tweet said.

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Mohammed is on a three-day visit to India, during which she is expected to discuss issues such as development and climate action with the leadership here.

Besides, Sitharaman also met Jean-Brice Dumont, executive vice president, Military Aircraft, Airbus Defence and Space, here during the day.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)