Union Finance Minister Nirmala Sitharaman hosted the 2nd meeting of G20 Finance Ministers and Central Bank Governors (FMCBG) in Washington D.C., U.S. The meeting is scheduled from 12th April to 13th April. The meeting had three sessions to discuss the global economy, sustainable finance, financial sector and financial inclusion, and international taxation. Finance Minister discussed issues of mutual interest and cooperation with counterparts from G20 countries and heads of other delegations during India’s G20 presidency.
The meeting saw deliberations on key issues such as food and energy insecurity, managing global debt vulnerabilities, strengthening multilateral development banks (MDBs), mobilizing finance for climate action, advancing the financial inclusion process, and accelerating international tax and financial progress.
The Finance Minister discussed issues of mutual interest and cooperation under India’s G20 Presidency with the heads of delegations. She also participated in a roundtable discussion on “Investing in India Decade” organized by FICCI and USISP. She highlighted the global acceptance of ‘New India’ and discussed the global debt crisis and strengthening multilateral development banks. She also highlighted India’s adoption of technology and digitization tools at twice the rate of adoption by people around the world. Nirmala Sitharaman was welcomed by Indian Ambassador to the US Taranjit Singh Sandhu and Consul General of India Randhir Jaiswal at JFK International Airport in New York.
