The G20 has proved its role in building consensus in times of crisis

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Anurag Thakur inaugurated the 2nd G20 Finance and Central Bank Representatives (FCBD) meeting in Bengaluru. The theme ‘VasudhaivaKutumbakam’ reflects the importance India attaches to collaborative efforts to address global challenges. The G20 has proved its role in building consensus in times of crisis, and the program was co-chaired by Economic Affairs Secretary Ajay Seth and RBI Deputy Governor Dr. Michael D. Patra.

The G20 FCBD meeting is being held from February 22-23, ahead of the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting. The first FMCBG meeting after the FCBD meeting will be held from February 24-25 in which finance ministers and central bank governors of G20 members and heads of international organizations will participate.

Speaking at the inauguration of the 2nd G-20 FCBD meeting, the I&B Minister said “The Union Minister said, the global economy is still facing the impact of the COVID-19 pandemic and the G20 can make a significant contribution to finding a global solution going forward”.

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