FinMin meets global rating agencies’ teams, IMF
During the 2024 Annual Meeting of the International Monetary Fund (IMF) in Washington, D.C., Indian Finance Minister Nirmala Sitharaman emphasized the need for fair and accurate sovereign credit ratings for emerging markets and developing economies (EMDEs). She argued that current rating methodologies often fail to reflect the true economic fundamentals of these countries, leading to higher borrowing costs and limited …





