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Finance track at the core of G20 process, says Anurag Thakur
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IANS | 22 Feb, 2023
The finance track is at the core of the G20 process and provides an
effective forum for global economic discourse and policy coordination,
Information and Broadcasting Minister Anurag Thakur said on Wednesday.
Thakur's statement came as he inaugurated the 2nd G20
Finance and Central Bank Deputies (FCBD) meeting here. It is the side
event of the first G20 Finance Ministers and Central Bank Governors
(FMCBG) meeting, which began earlier in the day.
The G20 FMCBG
meeting is preceded by the FCBD meeting, which would be co-chaired by
Economic Affairs Secretary Ajay Seth and RBI Deputy Governor Michael
Patra.
"Main workstreams in finance track are global economic
outlook and risks, international financial architecture including
development finance and global financial safety net, financial inclusion
and other financial sector issues, infrastructure development and
financing, sustainable finance, global health financing and
international taxation," Thakur said in his address.
The global
economy is facing the lingering effects of the Covid-19 pandemic, food
and energy insecurity, broad-based inflation, heightened debt
vulnerabilities, worsening climate change, and geopolitical tensions, he
added, pointing out that he impact of all these crises can set back
progress on the world's key development priorities.
G20 can make a
significant contribution to find pragmatic global solutions to these
challenges through focused dialogue and deliberations and the Indian
Presidency seeks to actively facilitate this, the minister said.
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| Customs Exchange Rates |
| Currency |
Import |
Export |
US Dollar
|
₹95.3
|
₹93.6 |
UK Pound
|
₹127.7
|
₹123.7 |
Euro
|
₹110.65
|
₹106.9 |
| Japanese
Yen |
₹59.75 |
₹57.9 |
| As on 24 Jun, 2026 |
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