READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with Finance Minister of India Nirmala Sitharaman

BENGALURU – Today, U.S. Secretary of the Treasury Janet L. Yellen met with Finance Minister of India Nirmala Sitharaman. Secretary Yellen stressed the United States’ support for India’s G20 presidency and thanked Minister Sitharaman for her hospitality. The Secretary discussed cooperation on the evolution of multilateral development banks, encouraged strengthened health-finance coordination, and thanked India for taking a leadership role on promoting sovereign debt restructuring, while encouraging faster G20 efforts on existing debt restructuring cases.