G20 Finance Chiefs Approach Consensus in South Africa
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STORY: Finance chiefs from the Group of 20 countries stressed the importance of central bank independence in a communique issued on Friday after a two-day meeting in South Africa.It was an issue that hung heavily over the meeting following U.
G20 finance leaders highlighted the importance of central bank independence in a joint statement after a meeting in South Africa. The communique addressed global economic uncertainties including trade tensions and extreme weather events,
South Africa urged G20 countries to show global and cooperative leadership to tackle challenges including rising trade barriers, as the club's finance chiefs met on Thursday under the shadow of President Donald Trump's tariff threats.
U.S. Treasury Secretary Scott Bessent did not attend the two-day meeting in the port city of Durban, continuing a string of snubs by Trump administration officials.
South Africa should join others at the G20 to support universal social protection systems, and not means-tested systems that base eligibility for support on income, ...
Finance chiefs of G20 countries expressed optimism for an agreement on a common position on trade and other global challenges on Friday despite U.S. President Donald Trump's tariffs which have overshadowed their meeting,
Addressing leaders at the G20 Finance Ministers and Central Bank Governors (FMCBG) meetings, the SARB Governor highlighted the systemic risks posed by the insurance gap.
DURBAN (Reuters) -G20 finance chiefs agreed a communique on Friday that underscored the importance of central bank independence and the role of the World Trade Organisation in advancing trade issues.