G20 Finance Ministers and Central Bank Governors’ Meeting

On 24th-25th February, 2023, the first meeting of G20 Finance Ministers and Central Bank Governors (FMCBG) was held in Bengaluru. At the end of the meeting, a Chair’s Summary and Outcome Document was released.

Key Points

  • International Policy Cooperation: The leaders agreed to enhance international policy cooperation and steer the global economy towards securing strong, sustainable, balanced and inclusive growth.
  • Global Economic Outlook: While noting that global economic outlook had “modestly improved” since the last meeting in October 2022, the Summary pointed out that global growth remained slow, and downside risks to the outlook persisted, including elevated inflation, a resurgence of ....
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