Union Finance Minister to attend Spring Meetings of the IMF-World Bank

Nirmala Sitharaman will embark on an official visit to USA and Peru beginning 20^th April, 2025. During the visit to the USA, the Union Finance Minister will visit San Francisco and Washington D.C. from 20^th to 25^th April, 2025.

In the course of her two-day visit to San Francisco beginning 20^th April 2025, the Union Finance Minister will deliver a keynote address at the Hoover Institution at the Stanford University, San Francisco, on ‘Laying the foundations of Viksit Bharat 2047’ followed by a fireside chat session.

Smt. Sitharaman will also interact with top CEOs from prominent fund management firms during a Roundtable meeting with investors, besides holding bilateral meetings with CEOs from top information technology (IT) firms based in San Francisco. Smt. Sitharaman will also participate in an event featuring Indian diaspora in San Francisco and interact with the Indian community settled there.

During her visit to Washington D.C., USA, from 22^nd to 25^th April 2025, Smt. Sitharaman will participate in the Spring Meetings of the International Monetary Fund (IMF) and the World Bank, the 2^nd G20 Finance Ministers and Central Bank Governor (FMCBG) Meetings, Development Committee Plenary, IMFC Plenary, and Global Sovereign Debt Roundtable (GSDR) meeting.

On the sidelines of the Spring Meetings in Washington D.C., Smt. Sitharaman will hold bilateral meetings with her counterparts from several countries, including Argentina, Bahrain, Germany, France, Luxembourg, Saudi Arabia, United Kingdom, and USA; besides meeting EU Commissioner for Financial Services; President, Asian Development Bank (ADB); President, Asian Infrastructure Investment Bank (AIIB); United Nations Secretary-General's Special Advocate for Financial Health (UNSGSA); and First Deputy Managing Director of the International Monetary Fund (IMF).

During her maiden visit to Peru from 26^th to 30^th April 2025, the Union Finance Minister will lead an Indian delegation of officials from the Ministry of Finance and business leaders, highlighting the strengthening bilateral economic and trade relations between the two nations.

Beginning her visit in Lima, Union Finance Minister Smt. Sitharaman is expected to call on the President of Peru, H.E. Ms. Dina Boluarte, and Prime Minister of Peru, H.E. Mr. Gustavo Adrianzén, besides holding bilateral meetings with the Peruvian Ministers of Finance and Economy; Defence; Energy and Mines; and also holding interaction with local public representatives.

In the course of her visit to Peru, the Union Finance Minister will chair the India-Peru Business Forum meeting with prominent business representatives in attendance from both India and Peru. Smt. Sitharaman will also hold an interaction with the Indian investors & businesses currently operating in Peru, as well as the Indian Business delegation visiting Peru.

Given Peru’s importance in the global supply chain of critical minerals and precious metals, discussions during these engagements are also expected to explore avenues for greater collaboration in the mining sector, particularly to strengthen India’s resource security and facilitate value-chain linkages between the two economies.

The Union Finance Minister will also participate in a community event at Lima, where she will interact with the Indian diaspora living in Peru.