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FM Sitharaman meets Japanese counterpart forward of G20 Finance Ministers and Central Bank Governors assembly

Bengaluru (Karnataka) [India], February 23 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday met her Japanese counterpart Shunichi Suzuki, forward of the primary G20 Finance Ministers and Central Bank Governors assembly.

According to a tweet posted by the official deal with of the finance ministry, the ministers exchanged views on priorities beneath the G20 FinanceTrack 2023.

“Both ministers looked forward to close cooperation between Japan as G7 Presidency and India as G20 Presidency on strengthening of multilateral development banks (MDBs), debt-related issues, financing cities of tomorrow and coordinated policy for crypto assets,” the finance ministry stated in a tweet.

The Japanese Minister additionally assured his whole-hearted assist to India throughout the G20 India’s Presidency.

The second Finance and Central Bank Deputies Meeting beneath India’s G20 Presidency is underway in Bengaluru. The assembly started on Wednesday.

The deputies’ meet will likely be adopted by the primary G20 Finance Ministers and Central Bank Governors two-day assembly, scheduled from tomorrow in the identical metropolis. The assembly will likely be collectively chaired by Sitharaman and RBI Governor Shaktikanta Das.

The assembly will likely be unfold over three classes, protecting points resembling strengthening multilateral growth banks to handle shared world challenges of the twenty first century, financing for resilient, inclusive, and sustainable ‘cities of tomorrow’, leveraging Digital Public Infrastructure (DPI) for advancing monetary inclusion and productiveness features, an official launch stated earlier.

The classes may also cowl points associated to the worldwide economic system, world well being, and worldwide taxation, and discussions within the G20 finance ministers and central financial institution governors assembly are supposed to supply a transparent mandate for the assorted workstreams of the G20 Finance Track in 2023. (ANI)

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