G20 Finance and Central Bank Deputies (FCBD) meeting will conclude in Gandhinagar today, July 15. On the first day of the FCBD meeting, the delegates deliberated upon streamlining the financial priorities of the working groups under India’s G-20 presidency. The communiqué drafting is also underway on the second day of the meeting.
The two-day FCBD meeting is being organised ahead of the third G20 Finance Ministers and Central Bank Governors (FMCBGs) meeting which is scheduled to take place at Gandhinagar in Gujarat on the 17th and the 18th of July. Union Finance and Corporate Affairs Minister Nirmala Sitharaman and Governor of the Reserve Bank of India (RBI), Dr. Shaktikanta Das, will jointly chair the FMCBG meeting. Secretary of the Department of Economic Affairs Ajay Seth said, the FMCBG meeting will focus on five major global issues such as sustainable financing and international taxation. Nearly, 500 delegates including Governors, Deputy Governors, Ministers, and Heads from G-20 nations, invited countries and international organisations will be participating in the meetings.