WASHINGTON: World Bank President David Malpass on Saturday congratulated India on a successful vaccination campaign against the Covid-19 pandemic as he met finance minister Nirmala Sitharaman and thanked her for India’s international role in vaccine production and distribution.
Malpass congratulated Sitharaman on India’s Covid-19 vaccination campaign and thanked her for India’s international role in vaccine production and distribution.
They also discussed India’s efforts on climate change, emphasising the need for scaling up climate finance for impactful projects in line with Nationally Determined Contributions and development goals, the World Bank said in a statement.
Malpass reaffirmed the Washington based international financial institution’s strong commitment to India across all World Bank Group entities, including the International Finance Corporation and the Multilateral Investment Guarantee Agency, in a meeting with Sitharaman.
Both sides discussed various issues including Covid-19 vaccination, economic recovery, preparations for CoP26, initiave of WBG for increasing lending space for India, IDA 20 replenishment, knowledge partnership with World Bank etc.
He also complimented India’s efforts toward financial reform and also offered to host round table discussions and provide operational support.
Covid-19 infections are decreasing in India, with 15,981 new infections reported in a day, according to official data on Saturday. That’s 4 percent of the peak- the highest daily average reported on May 9 this year.