Finance ministers and central bank governors of group of 20 major economies will meet in India this Friday to discuss finding “lasting solutions” to debt problems faced by distressed economies, India’s economic affairs secretary said on Tuesday.
The discussions will also include talks on macro economy and on finding a consensus on crypto-currencies, said Ajay Seth.
G20 finance ministers and central bank governors will discuss debt troubles in developing economies, crypto currencies and global inflationary pressures at a meeting later this week.
The February 22-25 meeting in the Nandi Hills summer retreat near Bengaluru is the first major event of India’s G20 presidency.
Other items on the agenda include reform of multilateral development banks, international taxation and securing adequate finance to combat climate change, two of India’s top officials told a news conference.