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

This award unequivocally signals the confidence the Minister has inspired in key stakeholders, by virtue of his fuel price reforms, fiscal transparency and inclusive growth strategies, an official statement said here on Monday.

The award is from Emerging Markets', the daily newspaper of record for the World Bank and the International Monetary Fund (IMF).

It may be recalled that Mr. Mukherjee was rated one of the best Finance Minister in the world in 1984 as well, the statement said.