G20 meet: Infra to sustainable finance, global headwinds take centre stage

The ministry and the Reserve Bank of India (RBI) are jointly co-hosting the FCBD meeting

Premium

This is the first meeting of the Finance Track of G-20 under India's presidentship and is expected to set the agenda for the meeting of G-20 Finance Ministers and Central Bank Governors.

Arup Roychoudhury Bengaluru

3 min read Last Updated : Dec 13 2022 | 11:31 PM IST

The global commodity price and supply-chain shock due to the war in Europe, the macroeconomic outlook for 2023, and the financing of sustainable infrastructure were some of the main points discussed on Day 1 of the meeting of the Finance and Central Bank Deputies (FCBD) of the Group of Twenty (G20) in Bengaluru on Tuesday.

This is the first meeting of the Finance Track of G20 under India’s Presidentship and is expected to set the agenda for the meeting of the G20 finance ministers and central bank governors, scheduled to be held in Bengaluru as well, in February.

The three-day FCBD meeting will see discussions on the global macroeconomic situation, international financial architecture, sustainable infrastructure and its financing, international taxation,