SF Prep Notes

Nirmala Sitharaman leads Indian delegation to ADB's 58th Annual Meeting in Milan

Finance Minister Nirmala Sitharaman will lead India's delegation to the 58th Annual Meeting of the Board of Governors of the Asian Development Bank in Milan, Italy, from 4 to 7 May 2025.

Summary

Union Finance Minister Nirmala Sitharaman is leading the Indian delegation to the 58th Annual Meeting of the Board of Governors of the Asian Development Bank (ADB) in Milan, Italy, from 4 to 7 May 2025, the Finance Ministry said on 4 May 2025. She will take part in the Governors' Business Session and Plenary Session and be a panellist in the ADB Governors' Seminar on 'Cross-Border Collaboration for Future Resilience'. On the sidelines she will hold bilateral meetings with the Finance Ministers of Italy, Japan and Bhutan, and meet the President of ADB, the President of IFAD and the Governor of JBIC. She will also address a plenary session of the NEXT Milan Forum at Bocconi University on 'Balancing Economic and Climate Resilience'.

Key facts

Event
58th Annual Meeting, ADB Board of Governors
Place / dates
Milan, Italy; 4–7 May 2025
Seminar
'Cross-Border Collaboration for Future Resilience'
Bilaterals
Finance Ministers of Italy, Japan, Bhutan; ADB, IFAD, JBIC heads
Other
NEXT Milan Forum, Bocconi University

Practice MCQs 2 questions

Q1

The 58th Annual Meeting of the Board of Governors of the Asian Development Bank (4–7 May 2025) was held in:

Show answer

Correct answer: B — Milan

The 58th ADB Annual Meeting was held in Milan, Italy.

Q2 Advanced

Consider the following statements about the Finance Minister's visit for the ADB Annual Meeting in May 2025: 1. She was to be a panellist in the ADB Governors' Seminar on 'Cross-Border Collaboration for Future Resilience'. 2. She was to hold bilateral meetings with the Finance Ministers of Italy, Japan and Belgium. Which of the statements given above is/are correct?

Show answer

Correct answer: A — 1 only

Only 1 is correct. The bilateral meetings were with the Finance Ministers of Italy, Japan and Bhutan.

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