FM Sitharaman pitches for 'fair' sovereign credit ratings, IMF reforms

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Finance minister Nirmala Sitharaman emphasizes the need for sovereign ratings to properly reflect the economic realities of emerging markets to lower their capital costs.

She calls for credit rating agencies to improve their methodologies and highlights the importance of IMF governance reforms amidst global economic challenges.

She emphasised that the IMF's surveillance and policy guidance remain vital for countries with debt vulnerabilities.

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: IndiaAustralia

Topics: Credit rating agencies IMF reforms Nirmala Sitharaman Sovereign credit ratings Emerging markets Business news

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-27 @ 08:23:51 (1 days ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 496 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23256287

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