India's Finance Minister, Nirmala Sitharaman, has advocated for a strong and well-funded International Monetary Fund (IMF), with a greater representation for developing economies. She expressed concerns about the global economic slowdown but highlighted India's 7.8% growth rate in the first quarter of 2023-24. Sitharaman also emphasized the need for global cooperation on debt issues and reforms in IMF policies. She called for a coordinated response from the international community to foster multilateralism and address climate change.
