2019 G-20 Finance Ministers’ meeting to be held in Fukuoka

Finance Minister Nirmala Sitharaman will attend the two-day meeting of G-20 Finance Ministers and Central Bank governors in Japan on June 8 and 9. This will be the first overseas visit of Ms. Sitharaman as Finance Minister. Besides Ms. Sitharaman, RBI Governor Shaktikanta Das is also likely to attend the meeting at Fukuoka in Japan. Among other things, the meeting is likely to focus on risks and challenges being faced by the global economy, investment in infrastructure and international taxation. G-20, which is a group of developing and developed nations, includes India, the U.S., the U.K., China, Russia, Saudi Arabia, Brazil, France and Australia. The G20 meetings, convened annually since 1999, provide a forum for key countries in the international financial system to discuss major international economic issues and to coordinate to achieve the stable and sustainable growth of the global economy.