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Finance Minister Nirmala Sitharaman said on Tuesday that Asian Infrastructure Investment Bank (AIIB) and similar institutions should enhance private sector capital mobilisation, which would help in inclusive development.
Taking part in the sixth annual meeting of the board of governors of AIIB, the finance minister said that it should look for investment opportunities for developing social infrastructure.
The significance of multilateral development banks have been understood after the Coronavirus pandemic erupted, Ms Sitharaman said, adding that multilateral development finance has an important role to play in the current scenario.
