{"id":12347,"date":"2020-05-27T18:16:12","date_gmt":"2020-05-27T12:46:12","guid":{"rendered":"http:\/\/udaen.info\/?p=12347"},"modified":"2020-05-27T18:16:12","modified_gmt":"2020-05-27T12:46:12","slug":"smt-nirmala-sitharaman-attends-special-board-of-governors-meeting-of-new-development-bank-through-video-conference","status":"publish","type":"post","link":"https:\/\/udaen.info\/?p=12347","title":{"rendered":"Smt. Nirmala Sitharaman attends Special Board of Governors meeting of New Development Bank through video-conference"},"content":{"rendered":"<div class=\"MinistryNameSubhead text-center\">Ministry of Finance<\/div>\n<div class=\"text-center\">\n<h2>Smt. Nirmala Sitharaman attends Special Board of Governors meeting of New Development Bank through video-conference<br \/>\n<span id=\"ltrSubtitle\"><\/span><\/h2>\n<\/div>\n<div class=\"ReleaseDateSubHeaddateTime text-center pt20\">\u00a0PIB Delhi<\/div>\n<div class=\"pt20\"><\/div>\n<p><img decoding=\"async\" src=\"http:\/\/164.100.117.97\/WriteReadData\/userfiles\/image\/image001OABM.jpg\" alt=\"\" \/><\/p>\n<p>Union Minister of Finance &amp; Corporate Affairs Smt. Nirmala Sitharaman attended the\u00a0Special Board of Governors meeting of the New Development Bank (NDB) through video-conference\u00a0here today.<\/p>\n<p>The agenda included the election of next President of NDB, appointment of Vice-President and Chief Risk Officer and membership expansion.<\/p>\n<p>In her opening remarks, the Finance Minister commended the\u00a0contribution\u00a0of NDB\u00a0in funding the infrastructure development, which\u00a0has positively impacted the development agenda of the member countries, including India.\u00a0Within a short span of time, NDB has approved 55 projects of member countries for an amount of $16.6 billion, which is quite a remarkable achievement. Smt. Sitharaman also mentioned that the Bank has successfully created a niche for itself and proudly stands shoulder to shoulder with the peer MDBs.<\/p>\n<p>The Finance Minister appreciated Mr. K. V Kamath, the outgoing President of NDB for his stellar stewardship in very quickly giving shape to the vision stated by the BRICS Leaders in 2014. The swift response to COVID-19 through launch of the COVID-19 Emergency Programme Loan product<strong>\u00a0<\/strong>will be remembered as one of his contributions.<\/p>\n<p>Finance Minister\u00a0congratulated newly-elected President\u00a0Mr. Marcos Troyjo\u00a0from Brazil and newly-appointed Vice President and CRO, Mr Anil Kishora from India.\u00a0While congratulating them, Smt. Sitharaman\u00a0remarked that she has\u00a0great expectations from new<strong>\u00a0<\/strong>leadership in continuing this momentum forward and taking NDB to the next level in terms of lending performance to members, transparency, international credibility and effectively achieving the NDB mandate.\u00a0She suggested that, the focus should also be given to achieve the twin objective of preserving BRICS values and growing NDB into a global development institution.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ministry of Finance Smt. Nirmala Sitharaman attends Special Board of Governors meeting of New Development Bank through video-conference \u00a0PIB Delhi Union Minister of Finance &amp; Corporate Affairs Smt. Nirmala Sitharaman attended the\u00a0Special Board of Governors meeting of the New Development Bank (NDB) through video-conference\u00a0here today. The agenda included the election of next President of NDB, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_monsterinsights_skip_tracking":false,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[1],"tags":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/12347"}],"collection":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12347"}],"version-history":[{"count":1,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/12347\/revisions"}],"predecessor-version":[{"id":12348,"href":"https:\/\/udaen.info\/index.php?rest_route=\/wp\/v2\/posts\/12347\/revisions\/12348"}],"wp:attachment":[{"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udaen.info\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}