G20 meeting of finance ministers ends with no communique, absent delegates

South Africa's G20 finance ministers and central bank governors' meeting in Cape Town failed to produce a customary communique due to disagreements, relying instead on a chair’s summary, a recurring practice since Russia's war in Ukraine. Officials Enoch Godongwana and Lesetja Kganyago emphasized constructive discussions on global financial inclusion, international taxation, sustainable finance, and debt restructuring, culminating in the adoption of a work programme for South Africa's presidency. Despite U.S. absences, including Treasury Secretary Scott Bessent, all countries were represented through delegates. This outcome establishes a basis for future meetings while acknowledging persistent global differences.