Kopar Khairane
National

Ajay Banga will visit India for the first time since being elected president of the World Bank and attend the G20 summit

<p>Ajay Banga, the president of the World Bank, will visit India for the first time next week in order to attend the G20 Finance Ministers and Central Bank Governors Meeting in Ahmedabad. The 63-year-old Indian-American Banga became the World Bank’s president in June, becoming the first person of color to lead either of the two major international financial organizations, the World Bank or the International Monetary Fund. After receiving a nomination for the position from US President Joe Biden, the Executive Directors of the World Bank chose Banga as the 14th President of the World Bank in May for a five-year tenure. Banga will be visiting India for the first time since becoming the president of the World Bank.<img decoding=”async” class=”alignnone wp-image-63260″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-750×422.png” alt=”” width=”1562″ height=”879″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-750×422.png 750w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-1024×576.png 1024w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-768×432.png 768w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-390×220.png 390w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon-150×84.png 150w, https://www.theindiaprint.com/wp-content/uploads/2023/07/www.theindiaprint.com-ajay-banga-will-visit-india-for-the-first-time-since-being-elected-president-of-the-world-bank-and-attend-the-g20-summit-ajay-banga-world-bank-nomination-11zon.png 1200w” sizes=”(max-width: 1562px) 100vw, 1562px” /></p>
<p>The G20, an international grouping of the largest established and developing countries in the world, is presently presided over by India. Four G20 summits will take place in Gujarat over the first two weeks of July.</p>
<p>According to organizers, these meetings will provide business executives a chance to offer their opinions, ideas, and policy suggestions on a range of economic and business-related themes and will have a major impact on the development of global economic agendas and policies. Argentina, Australia, Brazil, Canada, China, France, Germany, Greece, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, United Kingdom, United States, and the European Union (EU) are all members of the G20.</p>
<p>The G20 is the most important platform for global economic cooperation since its members together make up 85% of the global GDP, 75% of global commerce, and 2/3 of the world’s population.</p>
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