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India’s G20 Presidency has walked the talk, says Finance Minister Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said on Saturday that India’s concerns for the Global South and emphasis on human-centric globalisation had gained resonance and respect.

“We assumed the presidency at a challenging time of geo-political tensions…Today I can confidently state that the Indian G20 Presidency has walked the talk,” she said at a joint press conference after the G20 declaration was adopted on the first day of the two-day summit.

The G20 countries reiterated in the declaration the need to tackle debt vulnerabilities in low and middle-income countries in an effective, comprehensive, and systematic manner.

The G20 nations applauded the efforts of private sector lenders who have already supplied data to the joint Institute of International Finance (IIF)/OECD Data Repository Portal and continue to encourage others to do the same.



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