12-June-2026
Economy News
 
Global imbalance costs shouldn’t hit developing nations: FM
12-Jun-2026

Finance Minister Nirmala Sitharaman on Thursday said India is expected to remain one of the world’s fastest-growing major economies, with GDP growth projected at around 7% over the medium term, while cautioning that the responsibility for correcting global economic imbalances should not fall disproportionately on developing nations. Addressing the Global Convergence for Growth Summit virtually, chaired by French President Emmanuel Macron, Sitharaman joined leaders from G7 nations and major emerging economies to discuss measures to support balanced global growth through a more effective international economic framework.

News Source:- https://www.financialexpress.com/policy/economy/global-imbalance-costs-shouldnt-hit-developing-nations-fm/4265149/?ref=economy_hp