Sustaining growth momentum key: FM

Finance minister Nirmala Sitharaman on Wednesday said the challenging task for the developing countries would be to sustain growth momentum while balancing the development priorities and preparing for future safeguarding against systemic risks such as climate change.
“As the global economy works towards gaining and sustaining its recovery momentum, divergences remain between and within economies and sectors due to lack of policy space and pre-existing faultlines," Sitharaman said while speaking at a G20 conference organized by New Delhi based think tank ICRIER ahead of India’s presidency in 2023.