Raipur Hosts Final G20 Framework Working Group Meeting Under India’s G20 Presidency
On September 18-19, 2023, the city of Raipur, Chhattisgarh, played host to the final G20 Framework Working Group (FWG) meeting under India’s G20 Presidency. The event brought together delegates from G20 member countries, international organizations, and financial experts to deliberate on pressing global economic challenges and strategies for sustainable growth.
Key Discussions and Agendas
The meeting focused on crucial macroeconomic and financial issues, with in-depth discussions on:
- Global Economic Outlook: Delegates analyzed global growth trends, inflation control measures, and economic recovery post-pandemic.
- Fiscal Sustainability: Strategies for long-term fiscal management, public debt reduction, and responsible financial governance were explored.
- Macroeconomic Risks: Potential economic risks, including geopolitical tensions, financial instability, and climate change impacts, were key topics of discussion.
- Inclusive Growth and Development: Policymakers emphasized equitable economic policies, digital inclusion, and global cooperation for financial stability.
Cultural Engagements & Public Awareness Programs
Alongside high-level discussions, the event also showcased India’s rich cultural heritage through specially curated programs. Delegates experienced traditional Chhattisgarhi folk performances, handicraft exhibitions, and regional cuisine, reflecting India’s cultural diversity. Additionally, public awareness campaigns were held to engage local communities, educating them about G20’s role in shaping the global economy.
India’s Leadership in Global Economic Policies
India’s G20 Presidency has been instrumental in driving forward progressive economic policies and sustainable financial strategies. The Raipur meeting marked a significant milestone, reinforcing India’s commitment to fostering international cooperation for a resilient and inclusive global economy.
The final G20 FWG meeting in Raipur not only set the stage for the G20 Summit but also highlighted India’s proactive leadership in addressing global economic challenges. The event’s participants are expected to shape future financial policies and strengthen economic frameworks worldwide through their discussions and insights.