2nd G20 Finance Ministers and Central Bank Governors Meeting

Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman participated in the virtual session of the 2nd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency to discuss the global economic outlook amid evolving COVID-19 pandemic crisis.

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Key-Points

Finance Minister appreciated the Saudi Presidency for their tireless efforts in delivering on the outcomes as mandated by the G20 Leaders during the Extraordinary Leaders’ Summit, particularly in preparation of G20 Action Plan in Response to COVID-19.

Smt. Sitharaman had represented India in the 2nd Extraordinary Virtual G20 FMCBG Meeting held on March 31, 2020 wherein she talked about the importance of international cooperation and coordinated actions in ensuring that the financial system continues to support and quickly revive the global economy.