In US, Sitharaman focuses on debt reform; consensus eludes G20 FMs

Finance minister (FM) Nirmala Sitharaman and Reserve Bank of India governor Shaktikanta Das chaired the second G20 FM and central bank governors meeting in Washington DC on Wednesday and Thursday. But a consensus-based joint communique continued to elude the grouping, with a press release on the deliberations expected late on Thursday, April 13, night. Nirmala Sitharaman and RBI governor Shaktikanta Das chaired second G20 FM and central bank governors meeting in Washington (Ministry of Finance Twitter)
Nirmala Sitharaman and RBI governor Shaktikanta Das chaired second G20 FM and central bank governors meeting in Washington (Ministry of Finance Twitter) The grouping held three separate sessions on the global economy and international financial architecture; sustainable finance, financial sector and financial inclusion; and international taxation. Sitharaman also hosted a dinner for the FMs and governors on Wednesday night, besides hosting an informal breakfast for the FMs on Thursday morning.
The first meeting of the FMs and the governors in Bengaluru had failed to come up with a joint communique owing to differences between the West on one hand and Russia and China on the other on the war in Ukraine. India had then released a chair’s summary and outcome statement on the deliberations. Source: HT

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