U.S. Treasury Secretary Janet Yellen will travel to India next week to attend Group of 20 finance minister meetings in Bengaluru and will address the global economic impacts of Russia’s invasion of Ukraine as her visit coincides with the one-year anniversary of the invasion.
She will also talk about bolstering public digital infrastructure and reforming the multilateral development banks, including the International Monetary Fund and World Bank, to make their investment requirements more climate-focused. A senior Treasury official who spoke on the condition of anonymity to preview the secretary’s travel plans said Yellen also intends to ask member countries to reduce emissions and will raise funds for climate finance projects to invest in developing countries’ infrastructure, agriculture and renewable sources of energy.
Yellen visited Lusaka, Zambia’s capital city that’s visibly dominated by Chinese financing, in January, in part to discuss the country’s massive debt to China.
Yellen will meet the Bangalore billionaires, India's tech titans who vied with their Silicon Valley ounterparts.
Is there any way we can leave her there? 😂