Business Standard

G20 meet aims to find 'lasting solutions' to global debt issue: Govt

"There are countries that are facing huge debt problems and our aim in G20 will be to find lasting solutions to these problems"



Arup Roychoudhury Bengaluru
The first-ever meeting of G-20 finance ministers and central bank governors (FMCBGs) under India’s presidency will look to find lasting solutions to unsustainable debt by some low-and-middle income nations, economic affairs secretary Ajay Seth said on Tuesday.

At a media briefing ahead of the G-20 meeting in Bengaluru, Seth and chief economic advisor (CEA) V Anantha Nageswaran said that the G-20 nations will be looking to take discussions forward on agenda items. These include climate finance, urban infrastructure, crypto assets, multilateral institution reforms and other such issues.

They, however, ruled out any concrete agreement being reached in the meeting on

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First Published: Feb 21 2023 | 7:24 PM IST

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