Key Points
India's G20 presidency has received strong support from all members on all key priorities, said Finance Minister Nirmala Sitharaman today at a press conference after the end of financial leaders' meet in Bengaluru..
She said that the G20 members have agreed to address debt vulnerabilities of low income and middle-income countries..
"Reforming of multilateral banks needed to make them more nimble-footed to meet development needs of developing countries," she added.. Finance Minister also said that the ministers and governors reiterated the need for structural policies to promote macro stability, maintain growth momentum...
India stuck to the language used in the G20 leaders' declaration in Bali last year on the conflict, adding that it recognised that the bloc was not the forum to resolve security issues, while acknowledging that such issues can have significant consequences for the global economy...
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