- Finance minister Nirmala Sitharaman said India’s G-20 leadership will focus on the negative effects of debt-fueled growth and global spillovers.
- The finance minister stated at the Indian Council for Research on International Economic Relations’ 14th annual international G-20 conference in the capital that India’s independence puts it in a unique position to speak for low- and middle-income nations.
- “How much spillovers can India and low- and middle-income nations endure and how can you prepare for unanticipated spillovers? Sitharaman said spillover conversations will be a priority.
- Indonesia will transfer the G-20 chairmanship to India in December for a year.
