The Economic Times

World Bank should focus on mobilising greater private capital and creating jobs, says FM Sitharaman

Nirmala Sitharaman emphasized the importance of private capital in creating jobs and boosting productivity during her address. She outlined six priorities for the World Bank Group to enhance its development impact, integrating private sector engagement. Sitharaman highlighted the need for affordable financing and addressing market failures to foster job creation. She advocated for a review of governance indicators to better represent developing countries.