New Delhi: Union Finance Minister P Chidambaram on Friday cancelled his visit to Washington for attending the Fall meeting of the World Bank and International Monetary Fund on Monday.
Sources said he cancelled his visit to be available here for tackling any situation arising out of the spreading global financial crisis and its ripple effect on India.
Chidambaram, who was to participate in the informal meetings of the Fund-Bank meetings on Saturday and Sunday ahead of the plenary on Monday, would have also taken part in the in the US Treasury Secretary Paul Harrison's meeting with the Finance Ministers of the countries of the G-20 that includes India.
A delegation of officials led by Secretary (Economic Affairs) Ashok Chawla besides RBI Governor D Subba Rao is already in Washington to attend the meetings.
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