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FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infra

Finance Minister Nirmala Sitharaman met Asian Infrastructure Investment Bank (AIIB) President Zou Jiayi and suggested the bank expand its focus to include newer infrastructure that centres on AI, MSMEs, and skilling. She reiterated that the bank's regional centrality should continue to remain a defining institutional characteristic and an important anchor of its mandate. Both leaders discussed…

FM Sitharaman meets AIIB President, suggests expansion of financing beyond physical infra

We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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France's public debt soars to a record 119% of GDP

France's public debt reached 3,595.5 billion euros at the end of June, Insee said, a record high that is set to keep rising as the outlook worsens.

  • France's public debt hit a record 3,595.5 billion euros by end of June 2026
  • Debt reached 119% of GDP, highest since 1946 post-WWII
  • Central government and social security debt increased, local authorities debt decreased

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