Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman will lead the Indian delegation of officials from the Department of Economic Affairs, Ministry of Finance, to attend the 58^th Annual Meeting of the Board of Governors of Asian Development Bank (ADB), scheduled to take place in Milan, Italy, from May 4 to 7, 2025.

The meetings will be attended by official delegations of Board of Governors of ADB, official delegations of ADB members and international financial institutions. The Union Finance Minister will participate in the Annual Meeting’s focal events like the Governors’ Business session, Governor’s Plenary Session and as a panelist in the ADB Governors’ Seminar on “Cross-Border Collaboration for Future Resilience”.

On the sidelines of the ADB’s 58^th Annual Meeting, Smt. Sitharaman will also hold bilateral meetings with Finance Ministers of Italy, Japan, and Bhutan, in addition to meetings with President of ADB, the President of the International Fund for Agricultural Development (IFAD), and the Governor of the Japan Bank for International Cooperation (JBIC).

The Union Finance Minister will also interact with the Indian diaspora in Milan, besides meeting global think-tanks, business leaders and CEOs, and participating in a Plenary Session of the NEXT Milan Forum at the Bocconi University on “Balancing Economic and Climate Resilience”.

****

NB/KMN

(Release ID: 2126754) Visitor Counter : 805