Minister for Finance Nirmala Sitharaman today virtually participated in the G20 Finance Ministers meeting in New Delhi. Finance Ministers of the G20 countries gathered to discuss their views on the global economic outlook and downside risks in wake of the COVID-19 crisis and how G20 could carry forward the collective global action initiated during the crisis.
During the meeting, Mrs Sitharaman emphasized the need for further efforts by the G20 members to end the crisis and highlighted affordability and accessibility of vaccines for Covid-19 for all as a crucial step in this direction.
Highlighting the Debt Service Suspension Initiative as an important outcome under the G20 Saudi Arabian Presidency, the Finance Minister emphasized on the need for collective and coordinated efforts by all G20 members to achieve this deliverable.
Ms Sitharaman also congratulated the Saudi Arabian Presidency for their tireless efforts and exceptional leadership to steer the G20 agenda in response to the COVID-19 pandemic.
She also said that India looks forward to working with the Italian Presidency as a Troika member from December 2020.