Finance Minister Nirmala Sitharaman, representing India at a summit, calls for coordinated global action to address spillovers from crises and existing economic imbalances. She says developing countries should not carry a disproportionate burden for correcting problems linked to global conflicts and other external shocks. Sitharaman argues that stronger multilateral cooperation is needed to build more resilient economies and support inclusive growth.
In her remarks, she emphasizes that global responses must be equitable and that the “Global South” should not be forced to shoulder the costs of adjustments driven by challenges elsewhere. She also points to the need for reforming multilateral institutions, including development banks, to make cooperation more effective. Both outlets report that her intervention focuses on burden-sharing, greater coordination among countries, and strengthening existing multilateral frameworks to ensure that economic recovery and growth benefits are shared more broadly.
