- Union Finance Minister Smt. Nirmala Sitharaman participated in the 114th meeting of the Development Committee Plenary of the World Bank in Bangkok, Thailand. - Discussions focused on global economic trends, private capital mobilization, and strategies for inclusive and sustainable growth. - Emphasized India's ongoing structural reforms, economic resilience, and contributions to global development dialogues. - **World Bank:** A specialized international financial institution established at the 1944 Bretton Woods conference to reduce global poverty and promote economic development by providing loans, credits, and technical assistance to developing countries. - **Development Committee Plenary:** A joint ministerial-level forum of the World Bank Group and the IMF that advises their Boards of Governors on critical global development issues and financial resource needs. **Introduction** Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 114th meeting of the Development Committee Plenary of the World Bank held in Bangkok, Thailand. The high-level meeting addressed global development priorities, private capital mobilization, and economic cooperation among member nations. **Core Issue and Detailed Points** - Union Finance Minister Smt. Nirmala Sitharaman participated in the 114th meeting of the Development Committee Plenary of the World Bank in Bangkok, Thailand. - Discussions focused on global economic trends, private capital mobilization, and strategies for inclusive and sustainable growth. - Emphasized India's ongoing structural reforms, economic resilience, and contributions to global development dialogues. **Key Statutory Bodies, Acts & Concepts** - **World Bank:** A specialized international financial institution established at the 1944 Bretton Woods conference to reduce global poverty and promote economic development by providing loans, credits, and technical assistance to developing countries. - **Development Committee Plenary:** A joint ministerial-level forum of the World Bank Group and the IMF that advises their Boards of Governors on critical global development issues and financial resource needs.