He emphasized on how long delayed 15th General Review of Quotas must be completed by 2017 Annual Meetings.

He said, “We need a regular dialogue between the IMF, Regional Financial Arrangements and Bilateral Swap Arrangements. Fighting corruption, black money & tax evasion central to effective financial governance.”

PM professed India’s support for BEPS recommendations and calls on countries to commit to the timeline of 2017-2018.

He said,”G20’s efforts should be for zero tolerance for co-operation and black money; zero admin, policy and treaty loopholes; zero barriers and full commitment to action.”

While concluding his speech he said, “Need energy to support developmental needs. Balanced mix of nuclear, renewable energy & fossil fuels are at the core of our policy. Thanks for unreserved support to ISA.”