“The IMF is [a member] of the FSB however the FSB, established after the 2009 G20 London Summit is seen to be nearer to the G20 and the U.S. at a time of Russia’s struggle in opposition to Ukraine,” mentioned a supply usually consulted on coverage issues by India’s Finance Ministry. “India might not need to alienate its outdated ally, Russia. As a substitute, a refined shift in the direction of the IMF could also be seen as extra impartial.”
