'Fair' and 'accurate' sovereign ratings: What Nirmala Sitharaman said to agencies at IMF meet

Union Finance Minister Nirmala Sitharaman urged for fair and accurate sovereign ratings for emerging markets and developing economies at the IMF's 2024 Annual Meeting. She emphasized that ratings should reflect economic fundamentals and improve access to capital. Sitharaman also called for governance reforms in global institutions and highlighted persistent global economic risks like geopolitical tensions and weak growth.
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