The first meeting of Finance and Central Bank Representatives (FCBD) under India's G20 chairmanship began here on Tuesday. The agenda of the meeting includes discussing the global economy, international financial architecture, infrastructure, and sustainable finance. A tweet from the Twitter handle of G20 India said, "The first meeting of the G20 Finance Track under #G20India is underway. With a focus on global macroeconomic issues, the Finance Track covers all major international economic issues for the G20." Paramount to shaping global architecture."
The three-day gathering will mark the beginning of discussions on the 'Finance Track' agenda under India's G20 chairmanship. The meeting is being jointly organized by the Ministry of Finance and the Reserve Bank of India. The G20 Finance Track, led by the finance ministers and central bank governors of the G20 countries, focuses on economic and financial issues. It provides an effective platform for global economic dialogue and policy coordination. The first Finance Ministers and Central Bank Governors meeting will be held in Bengaluru from February 23-25, 2023.
The G20 FCBD meeting, which began today, will be co-chaired by Ajay Seth, Secretary, of the Department of Economic Affairs, and Dr. Michael D Patra, Deputy Governor, of RBI. The meeting is being attended by their counterparts from G20 member countries and international organizations invited by India including several other countries. According to an official release, the G20 Finance track discusses key issues of relevance to the global economy, including the global economic outlook, international financial architecture, infrastructure development and financing, sustainable finance, global health, international taxation, financial inclusion, and the financial sector. issues are included. Discussions in the Bengaluru meeting will focus on the agenda of the finance track under India's G20 chairmanship.
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