India finance minister and U.S. Treasury’s Yellen discuss debt, crypto

BENGALURU, Feb 23 (Reuters) – Indian Finance Minister Nirmala Sitharaman and U.S. Treasury Secretary Janet Yellen mentioned strengthening multilateral improvement banks, international debt vulnerabilities and crypto belongings on the sidelines of the G20 finance chiefs assembly on Thursday, the finance ministry mentioned.

Yellen is anticipated to transient reporters later within the day and participate in a gathering of Group of Seven (G7) nations on the sidelines of the G20 meet.

India is internet hosting the primary main G20 occasion beneath its year-long presidency on the summer season retreat of Nandi Hills close to tech hub Bengaluru.

“The 2 leaders mentioned their views on strengthening MDB (multilateral improvement banks), international debt vulnerabilities, crypto belongings in addition to the Simply Vitality Transition Partnership,” New Delhi’s finance ministry mentioned in a tweet.

Beneath the partnership, america and its allies, in addition to multilateral improvement banks and companies, present funding to creating economies to maneuver away from coal manufacturing and consumption.

Reporting by Shivam Patel; Enhancing by Jacqueline Wong and Raju Gopalakrishnan

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