Tag: Finance

Sharm el-Sheikh, Egypt – WEBWIRE – Monday, November 21, 2022 Greenpeace welcomes the COP27 agreement to establish a Loss and Damage Finance Fund as an important foundation in building towards climate justice. But, warns against politics as usual. Yeb Saño, Executive Director, Greenpeace Southeast Asia and Head of the Greenpeace delegation attending the COP said “The agreement for a Loss and Damage Finance Fund marks a new dawn for climate justice. Governments have laid the cornerstone of a long overdue new fund to deliver vital support to vulnerable countries and communities who are already being devastated ... Read more

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the 7th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) via video conference from New Delhi today. Every year at the Annual Meeting, the Board of Governors meets to take key decisions on important matters relating to AIIB, and its future vision. India is a Founding Member and the second largest shareholder in AIIB. India also has the largest project portfolio within AIIB. The theme of this year’s Annual Meeting was “Sustainable Infrastructure Toward a Connected World”.  ... Read more

SFST to attend APEC Finance Ministers’ Meeting in Thailand **********************************************************      The Secretary for Financial Services and the Treasury, Mr Christopher Hui, will depart for Bangkok, Thailand, tomorrow (October 19) afternoon to attend the Asia-Pacific Economic Cooperation (APEC) Finance Ministers’ Meeting (FMM).        Mr Hui will participate in discussion at various sessions of the FMM on October 20. He will also hold bilateral meetings with other officials attending the FMM.        During his stay in Bangkok, Mr Hui will meet with relevant industry associations and representatives of enterprises to promote the opportunities of setting up ... Read more

Ministry of Finance Finance Minister Smt. Nirmala Sitharaman Chairs 26th meeting of the Financial Stability and Development Council Posted On: 15 SEP 2022 5:21PM by PIB Mumbai : Mumbai, September 15, 2022 The 26th Meeting of the Financial Stability and Development Council (FSDC) was chaired by the Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman in Mumbai today. The Council, inter alia, deliberated on the Early Warning Indicators for the economy and our preparedness to deal with them, improving ... Read more

The Infrastructure Finance Secretariat in the Department of Economic Affairs (DEA), Ministry of Finance today organised a workshop to sensitize the empaneled transaction advisers for PPP projects which was attended by representatives of 12 empaneled Transaction Advisers (TAs) for Public Private Partnership (PPP) Projects. The empanelment of TAs aims to provide quality advisory support to Project Sponsoring Authorities (PSAs) in transaction of PPP projects. The empanelment will help to make the process of appointment of transaction advisors/consultant seamless and efficient. During the workshop, the Transaction Advisers were sensitized with the manual developed by ... Read more