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G20 South Africa YouTubeG20 South Africa YouTube22/11/2024
NEUTRAL

Press Briefing on 3rd FMCBG Meeting in Gandhinagar

Video Summary

The third G20 Finance Ministers and Central Bank Governors meeting under India's presidency concluded in Gandhinagar, covering five key themes including global economy, sustainable finance, infrastructure, international financial architecture, taxation, and financial inclusion. Discussions highlighted progress on strengthening multilateral development banks via a new roadmap to unlock lending resources, advancements in debt treatments for distressed nations like Zambia and Ghana, endorsement of India's digital public infrastructure for financial inclusion, and regulatory frameworks for crypto assets amid climate finance commitments. The outcome document garnered wide support for India's priorities, amplifying Global South voices and paving the way for further reforms ahead of the leaders' summit.