FM Sitharaman pitches for ‘fair’ sovereign credit ratings, IMF reforms
NEW DELHI: Finance minister Nirmala Sitharaman has said there is a need for sovereign ratings to adequately account for emerging market and developing economies (EMDEs) economic fundamentals to ensure that the cost of capital for them and their ability to attract private capital is factored in.Speaking in Washington at the IMFC’s plenary session, Sitharaman also…