Union Finance Minister Nirmala Sitharaman attended virtually meeting of 5th Annual Meeting of the Board of Governors of AIIB was held. Smt. Sitharaman was identified as a Lead Speaker at the round table discussion, was official business including election of the President of the AIIB and on the theme ‘AIIB 2030-Supporting Asia’s Development over the Next Decade (10 years)’.
The Asian Infrastructure Investment Bank Annual Meeting of the Board of Governors of is being held annually to take key decisions that impact the Bank’s future in Asian continent. During discussion, FM Sitharaman highlighted various measures taken by the GOI to respond to the COVID-19 such as $23 Billion (1.7 trillion rupee) Pradhan Mantri Garib Kalyan Yojana and $295 Billion (22,04 crore rupees) Atma Nirbhar Bharat Package.
Headquarters: Beijing, China
Membership: 102 Members
Main organ: Board of Governors; Board of Directors
5th Annual Meeting of Board of Governors of AIIB