International Monetary Fund chief Christine Lagarde on Monday met finance minister Pranab Mukherjee and held discussions on the global economy. Lagarde,who is on her first visit to India after taking the IMF top job also spoke on the proposed revision of the quota reforms at the multi-lateral agency. We particularly discussed the European situation and we also discussed the role of IMF and importance that emerging market economies have to play within organisation,�� Lagarde said after the meeting. Lagardes visit comes at a time when much of Europe continues to be in the midst of the debt crisis that poses a severe threat to economic recovery in developed countries. Sources said the IMF managing director also stressed on the interconnectedness between economies and the need for greater coordination to address the debt crisis in Europe. The IMF is also looking to bolster its financial resources,especially with contributions from emerging majors such as China and India. Earlier,Lagarde also visited China where she met with top Chinese officials. Lagardes two day visit to India comes a month before the IMFs Spring Meetings that are scheduled to be held in Washington between March 20 and 22.
