G20 finance, bank chiefs to address global issues

GANDHINAGAR, India — G20 finance ministers and central bank chiefs opened talks on Monday discussing debt restructuring deals, multilateral bank reform and finance to tackle climate change, aiming to bolster a sagging global economy.

Indian Finance Minister Nirmala Sitharaman, chair and host of the gathering in Gandhinagar of Gujarat, the state where India's independence leader Mahatma Gandhi was born, began by telling finance leaders of "the responsibility we have ...to steer the global economy toward strong, sustainable, balanced and inclusive growth".

Key on the two-day agenda will be "facilitating consensus to intractable issues associated with rising indebtedness", Sitharaman said earlier on Monday.

From : China Daily

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