World Bank President nominee Ajay Banga to meet PM Modi
New Delhi, March 23
The US nominee for World Bank President, Ajay Banga, will arrive here tonight capping a three-week global listening tour that began in Africa before progressing to Europe, Latin America, and Asia, said a US Department of Treasury statement.
Banga’s election is a foregone conclusion despite Russia’s opposition. India endorsed Banga’s candidacy soon after his nomination was announced. The Indian-American’s candidature is backed by diverse governments, including Bangladesh, Côte d’Ivoire, Colombia, Egypt, France, Germany, Italy, Japan, Saudi Arabia and the UK, said the Treasury Department.
While in India, Banga will meet Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman and Minister of External Affairs S Jaishankar. The discussions will focus on India’s development priorities, the World Bank and global economic development challenges.
“During his global listening tour, Banga has built continuous momentum for his candidacy, gaining the support of advocates, academics, development experts, executives, Nobel laureates, and former government officials,” said the US Department of Treasury.