IMF chief to visit India, China next week

March 13, 2015 07:27 am | Updated May 28, 2016 02:08 am IST - Washington

French Finance Minister Christine Lagarde gestures during a press conference, in Paris, Wednesday May 25, 2011. Lagarde on Wednesday launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their as head. (AP Photo/Thibault Camus)

French Finance Minister Christine Lagarde gestures during a press conference, in Paris, Wednesday May 25, 2011. Lagarde on Wednesday launched her bid to lead the International Monetary Fund, a candidacy that would put the first woman in charge of the scandal-rocked fund but increases tensions with developing nations who want one of their as head. (AP Photo/Thibault Camus)

International Monetary Fund (IMF) chief Christine Lagarde would travel to India and China next week to hold talks with the two important global economic powers.

“The visit (to India) presents an opportunity to exchange views on recent economic developments, India’s prospects and its role in the global economy,” the IMF said in a statement.

In India for two days -- March 16 and 17 – Ms. Lagarde will meet with Prime Minister Narendra Modi and senior officials including Finance Minister Arun Jaitley and Reserve Bank of India (RBI) Governor Raghuram Rajan.

The IMF chief will also interact with representatives from other sectors of society including business, women leaders, academics and students, the statement said adding, “In addition, she will give a speech at Lady Sri Ram College in New Delhi and participate in a public event hosted by RBI in Mumbai.”

Ms. Lagarde would then proceed to China where she will meet with the top Chinese leadership and senior officials, including People’s Bank of China Governor Zhou Xiaochuan and Finance Minister Lou Jiwei from March 19 to 23.

The IMF managing director will discuss the latest developments in the global economy, China’s ongoing reform efforts and collaboration between the IMF and China, a media release said.

She will have a town hall meeting with students at Fudan University in Shanghai and speak at the opening ceremony of the 2015 China Development Forum (CDF), as well as on a CDF panel on “Sound Monetary Policy in the New Normal” in Beijing, the statement said.

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