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FM takes off for USA to meet investors, WB and IMF meetings

By TIOL News Service

NEW DELHI, OCT 09, 2017: THE Union Minister of Finance, Mr Arun Jaitley, this morning left for New York to participate in the Annual Meetings of the World Bank and International Monetary Fund (IMF) among others. Mr Jaitley will lead the Indian Official Delegation consisting of the Governor, RBI, Dr. Urjit Patel, Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Mr Subhash Chandra Garg, Chief Economic Adviser (CEA), Dr Arvind Subramanian, Special Secretary, DEA, Mr Dinesh Sharma among others. 

Major engagement of the Finance Minister during his one day stay at New York on 9th October, 2017 includes Meeting with the Investors in partnership with Bank of America and Confederation of Indian Industries (CII). Thereafter, the Finance Minister will participate in the Roundtable Meeting of CEOs of USIBC-CII. 

Next day, i.e. Tuesday, 10th October, 2017, the Union Minister of Finance will deliver a Lecture on "FDI: Achievements and Challenges" at Columbia University. In the evening, the Finance Minister will leave for Boston. 

On Wednesday, 11th October, 2017, the Finance Minister will participate in the Roundtable Investment Meet being organised in Boston in collaboration with NIIF, USISPF and FICCI on the subject of "Indian Economy - The Road Ahead". Later in the evening, the Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley will deliver a Lecture on India's Tax Reforms at Harvard University. On the morning of Thursday, the 12th October, 2017, the Finance Minister will leave for Washington D.C. to participate in the Annual Meetings of the World Bank and International Monetary Fund (IMF) among others. 

During his three day stay at Washington, the Finance Minister will hold Bilateral Meeting with US Commerce Secretary. He will also participate in an Interactive Seminar organised by FICCI on the subject of "India Opportunity Conference". Mr Jaitley will also attend the G-20 Finance Ministers and Central Bank Governors’ Working Dinner on 12th October, 2017. 

On Friday, the 13th October, 2017, the Finance Minister will participate in the Annual Meetings Plenary, G-20 Finance Ministers (FMs) and Central Bank Governors (CBGs)’ Meeting and Development Committee Luncheon Meeting among others. Later, the Finance Minister will participate in the Finance Ministers’ Meeting with Multilateral Development Banks. The Finance Minister is also likely to hold separate Bilateral Meetings with the Italian Minister for Economy and Finance and the Iranian Minister for Economy and Finance respectively. 

In the evening on 13th October, 2017, Mr Jaitley will participate in the Special event to be hosted by US India Strategic Partnership Forum (USISPF) on the theme of "Indian Economy: Prospects and Challenges". Thereafter, the Finance Minister, Shri Jaitley will attend the Dinner being hosted by the Indian Ambassador in USA, Shri Navtej Sarna at ‘India House’ in Washington D.C. in the honour of the visiting Finance Minister.


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