4th & final meeting of G20 FWG Successfully concludes

Sep 20: The fourth and final meeting of the G20 Framework Working Group (FWG), under the Indian G20 Presidency, successfully concluded today in Raipur, Chhattisgarh. The FWG is co-chaired by India and the UK. The two-day meeting from 18-19 September 2023, was co-chaired by Ms Chandni Raina, Adviser, Ministry of Finance, Government of India, and Ms. Sam Beckett, Chief Economic Adviser, HM Treasury, UK. Around 65 delegates from G20 members and invited countries and international and regional organisations attended the meeting.

The meeting was chaired by Ms Chandni Raina, Adviser, Ministry of Finance, Government of India, and Ms. Sam Beckett, Chief Economic Adviser, HM Treasury, UK

This meeting marked the culmination of the work done by the FWG during India’s G20 Presidency. It provided an opportunity to reflect on the substantial progress achieved by the FWG in 2023 and to explore options for carrying this forward.

Participants from various stakeholders of the G20

This year, the group successfully delivered two G20 reports, which were referenced in the New Delhi Leaders Declaration: G20 Report on Macroeconomic Impacts of Food and Energy Insecurity and G20 Report on Macroeconomic Risks Stemming from Climate Change and Transition Pathways. Members recognised the need to continue the global conversation around assessing the macroeconomic consequences linked to these global challenges while exploring policy options to address them effectively.

Delegates at G20 Park after tree plantation.

The meeting also saw in-depth deliberations on the global economic outlook and the key risks based on presentations by international organisations. Discussions were also held on the initial findings of the draft G20/IMF Strong Sustainable, Balanced and Inclusive Growth Report based on an update provided by the IMF.

The Reserve Bank of India also hosted a number of Jan Bhagidari events to make G20 discussions more inclusive and human-centric. This consisted of events aimed at the general public, students, and self-help organisations, including a series of financial literacy programmes, a G20 awareness programme, a painting contest, a slogan-writing contest, and a quiz competition.

Delegates visiting Purkhauti Mukatangan.

Delegates enjoyed an excursion to Nandanvan Zoological Garden, which also has a Jungle Safari, a Zoological Park, a Rescue and Rehabilitation Centre, and other attractions including the Khandwa Reservoir which draws a large number of migratory birds and displays the lush and beautiful landscapes of Chhattisgarh.

The delegates were hosted for ‘Ratri Bhoj Par Samvad’ (Conversation over Dinner) a cultural event, that gave them an opportunity to experience the rich cultural heritage and delectable cuisine of Chhattisgarh.

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