Current Affairs - National - Discussion

Finance Minister Nirmala Sitharaman participated in the 102nd meeting of the World Bank Development Committee Plenary through video conferencing on Friday and said the hard-fought gains in reducing the level of poverty, achieved over a number of years, are at great risk of being lost due to COVID-19. She said developing and developed countries continue to be impacted by COVID-19. An official release said Sitharaman told the meeting that the government has taken several measures to contain the spread of the pandemic and also to mitigate its social and economic impact. "COVID -19 pandemic which started before our last meeting in April continues to impact the developing and developed countries till date and the hard-fought gains in reducing the level of poverty, achieved over a number of years, are at great risk of being lost," she said.