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Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman participated virtually in the Second G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency here today to discuss policy responses to global challenges to restore strong, sustainable, balance
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FAQ :
The meeting aimed to discuss policy responses to global challenges to restore strong, sustainable, balanced, and inclusive growth.
Discussions included updates to the G20 Action Plan in response to COVID-19.
She urged all G20 members to ensure equitable access and widespread distribution of vaccines and shared India's progress in its vaccination drive and vaccine production.
India has supplied over 64 million doses to 84 countries, including 10 million doses as a grant.
India supported extending the Debt Service Suspension Initiative by six months, till December 2021, to boost support for the most vulnerable economies.
She emphasised the need for progress on commitments made under the Paris Agreement on climate finance and technology transfer, while also recognising the immediate challenge for developing countries to restore growth.
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