The Prime Minister has strongly advocated for India's engagement in the management of world economy because New Delhi has a lot at stake and to contribute. Welcoming the expansion and stregthening of institutions like Financial Stability Board and the Basel Committee, Dr. Singh said, the process of governance reform of international financial institutions must have greater representation to the under-represented countries. In his statement before leaving for G-20 summit being held at Pittsburg in the United States, the Prime Minister said, India will like to see a continuous increase in the capital base of multilateral development banks to finance the massive infrastruture needs of emerging markets. India has keen interest in the earliest possible return to growth and stabilisation of the banking and financial sectors in the advanced economies, as it directly affects New Delhi's exports, capital inflows and investment.<br/>The Prime Minister said India approaches the G-20 summit with a sense of confidence as the saving rates are roboust and external sector has exhibited resilience. Capital inflows have also started picking up, and economic growth rate is satisfactory besides India emerging as an attractive investment destination. <br/>Dr. Singh said that global econmy and financial markets have shown distinct improvement since last one year but the situation is not still out of woods. The Prime Minister said that India is looking forward to the emergence of a strong message from Pittsburg against protectionsim in all its forms. He said that the summit is expected to focus on medium and long term issues including frame work for sustainable and balanced growth strengthening the international financial regulatory system, reforming the governance of IMF and Development bank. Dr. Singh said, strengthening support for most vulnerable and open global economy and energy, and climate change are other important issues to be addressed in the summit. <br/>