Pranab Mukherjee wins Finance Minister of Asia award

This is the second time Mukherjee has been bestowed with the honour. He was rated as the best Finance Minister in the world in 1984, a government statement said today.

"Finance Minister Pranab Mukherjee has won this year's award for Finance Minister of the Year for Asia. This year's award is based on nominations from public and private sector economists, analysts, bankers, investors and other experts," the release said.

The award is given by Emerging Markets, a part of the financial information Euromoney Institutional Investor plc. It is also a major daily newspaper of record for the World Bank and IMF.