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FM Nirmala Sitharaman participates in first G20 Finance Ministers, Central Bank Governors’ meeting under G20 Presidency of Indonesia

Finance Minister Nirmala Sitharaman today participated in the first G20 Finance Ministers and Central Bank Governors’ meeting under G20 Presidency of Indonesia. The Minister will virtually join sessions during the two-day meeting to discuss current global economic issues and G20 priorities for 2022. The 17th G20 Heads of State and Government Summit will take place in November this year in Bali, Indonesia.

In the first session, Finance Minister talked about the global economic outlook and risks including inflation, supply disruptions and new variants of the corona virus.

She called for expeditious and equitable distribution of Covid vaccines to aid recovery. She shared insights on country’s policy response and suggested that recovery measures have to be built around a long-term vision.

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