The 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting was held under the Saudi Arabian Presidency .
India was represented by Union Minister for Finance & Corporate Affairs Nirmala Sitharaman in the meeting.
During the meet, the participants
deliberated on the global economic outlook amid evolving COVID-19
pandemic crisis along with other G20 Finance Track priorities for the
year 2020.
During the Finance Ministers and
Central Bank Governors meet, Nirmala Sitharaman highlighted the measures
taken by India to fight the COVID-19 pandemic such as direct benefit
transfers, special support to agriculture and MSME sectors, rural
employment guarantee measures etc.
The Group of Twenty (G20) is the
premier forum for international economic cooperation which brings
together the leaders of both developed and developing countries from
every continent.
The members of the G20 group are
Argentina, Australia, Brazil, Canada, China, France, Germany, India,
Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa,
Republic of Korea, Turkey, the United Kingdom, the United States and
the European Union (EU).
