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Russia-Ukraine war, debt impasse cloud G20 finance chiefs' final-day talks

Georgieva separately urged central banks to "stay the course" for a return to price stability that's critical to investors and consumers alike

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Jana Randow, Michelle Jamrisko and Anup Roy | Bloomberg
The final day of the gathering of the world’s top finance chiefs approached its conclusion with prospects for a consensus statement in doubt due to disagreements over language on Russia’s war and debt restructuring proposals.
 
“We’ll see how the day breaks,” as it “remains to be seen” whether the participants can reach a communiqué at the end of the Group of 20 meetings in Bengaluru, Australian Treasurer Jim Chalmers said on the sidelines. He said negotiators were up until 2 a.m. early Saturday, with two sticking points being the war and debt.

By mid afternoon, there were few signs that finance

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First Published: Feb 25 2023 | 5:30 PM IST

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