G20 finance chief meets in India with debt in the spotlight

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Current Affairs | 16-Feb-2023
Description

India wants to put debt relief at the forefront of discussions in financial negotiations.

The G20 finance and central bankers will meet in India next week on the one-year anniversary of Russia's invasion of Ukraine to discuss the growing debt problems of developing countries, cryptocurrency regulation and the global recession.

The meeting on February 22-25 at the Nandi Hills summer retreat near Bangalore is the first major event of the Indian G20 presidency and will be followed by a meeting of foreign ministers on March 1-2 in New Delhi.

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