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UN chief keen on continuing momentum of MDB reforms

Initiated during the G20 presidency of India, says N K Singh, Chairman, 15th Finance Commission

UN chief keen on continuing momentum of MDB reforms
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United Nations: UN Secretary-General Antonio Guterres is keen on continuing the momentum of Multilateral Development Banks (MDB) reforms initiated during the G20 presidency of India, Chairman of the 15th Finance Commission N K Singh has said. Singh, who had met Guterres at the UN headquarters in New York on April 12, said he had a “positive interaction” with the UN chief.

Deputy Secretary General Amina Mohammed was also present during the meeting. Guterres “was very keen on continuing the momentum of MDB reforms initiated during India’s G20 Presidency and as contained in the 2 Vol. IEG Report,” Singh said in a post on X, referring to the report of the Independent Expert Group. Singh said the report had been accepted by the G20 and, therefore, had “ongoing traction”.

Guterres said that the UN would endeavour to keep this item high on the agenda for the Summit of the Future in September and thereafter in the Summit on Financing for Development in June 2025, Singh said. The ambitious Summit of the Future is scheduled to be held in September this year during the high-level UN General Assembly session.

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