India 'walked the talk' under G20 presidency, says Sitharaman
Nirmala Sitharaman, said on Saturday. The key achievements of the finance track under the Indian G20 presidency include a plan to strengthen the Multilateral Development Banks (MDBs) to address shared challenges, laying down the building blocks for a globally coordinated policy and regulatory framework for crypto assets, gaining financial inclusion and productivity gains through digital public infrastructure, debt resolution for lower and middle-income countries, and financing cities of tomorrow, among others, the finance minister said.
Speaking to the media after G20 leaders reached a consensus on the summit declaration, Sitharaman said that people-centric, action-oriented, and far-sighted approaches were taken through the finance track. "It has been very clear in our mind that no one is left behind," she said.
"We have endeavoured to support countries, especially those from the global south, to be an integral part of the decision making process," she added. During July, G20 member nations failed to agree on a joint statement at the end of a meeting of their finance ministers and central bank governors at Gandhinagar, Gujarat, as the grinding war in Ukraine continued to polarize the bloc.
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