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The finance ministry on Monday said that the fourth G20 finance ministers & central bank governors (G20 FMCBG) meeting would strengthen multilateral development banks or MDBs to address shared challenges of the 21st Century. Besides, the global economy and crypto assets would be top agenda in the upcoming meeting, which is scheduled to begin on Tuesday in Morocco. Having ironed out issues over language around the Russia-Ukraine war, another highlight of the final meeting of FMCBG could also be the first communiqué of this group under India’s presidency instead of a chair statement.
As per the finance ministry’s statement, the fourth meeting of FMCBG under India’s G20 presidency is all set to take off on October 12 and 13 at Marrakesh in Morocco with two key agenda items which will include the final volume of reforms for MDBs and the road map for crypto assets regulations. “Union finance minister Nirmala Sitharaman will also participate in the FMCBG meeting under G20 Indian Presidency, besides investor and bilateral meetings with many countries and organisations,” it said.
