The First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting will begin today in Bengaluru. The two-day meeting, under the G20 Indian Presidency, will jointly chaired by Union Finance Minister Smt Nirmala Sitharaman and Governor, Reserve Bank of India (RBI), Dr Shaktikanta Das.
The 1st G20 FMCBG meeting will see the participation of Finance Ministers and Central Bank Governors of the G20 members, invitee members and heads of International Organisations. The meeting will be deliberated on issues such as strengthening multilateral development banks to address shared global challenges of the 21st century, financing for resilient, inclusive and sustainable cities of tomorrow. Issues of Digital Public Infrastructure for advancing financial inclusion and productivity gains will also be discussed. The sessions will also cover issues related to global economy, global health, and international taxation.
The discussions in the G20 FMCBG meeting are intended to provide a clear mandate for the various workstreams of the G20 Finance Track in 2023.