Gandhinagar- In a press conference held as part of the third Finance Ministers and Central Bank Governors (FMCBG) meeting of the G20 in Gandhinagar, India, Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das discussed the key outcomes and initiatives. The press conference marked the culmination of the G20 meeting, where significant topics were addressed.
Minister Sitharaman highlighted the commitment of India and the United States to actively further the G20 agenda, emphasizing critical global issues such as strengthening multilateral development banks, coordinated climate action, addressing rising indebtedness of low and middle-income countries, and exploring opportunities presented by crypto assets and digital public infrastructure for financial inclusion.
The leaders expressed the shared values of India and the United States, emphasizing their commitment to a rules-based global order and multilateralism and fostering constructive dialogues for progress and prosperity. They discussed bilateral interests, including development cooperation, investment opportunities, and alternate platforms for renewable energy investments.
The press conference shed light on the positive outcomes of the G20 meeting, with Minister Sitharaman expressing India’s commitment to achieving substantial results through close engagement and leveraging expertise and resources to drive economic growth, innovation, and sustainable development. The joint leadership of Sitharaman and Governor Das in chairing the G20 FMCBG meeting reaffirmed India’s role in promoting global cooperation and advancing the G20 agenda.
The outcomes of this G20 meeting hold significance for shaping international financial architecture, addressing economic challenges, and fostering cooperation among member nations. The discussions on critical issues are expected to contribute to global financial stability and sustainable development.