There's greater optimism that the world may avoid deep recession: RBI Governor at G20 FMs meet
India TV NewsG20 Summit: Addressing the inaugural session of the meeting of G20 finance ministers and central bank governors, RBI Governor Shaktikanta Das on Friday called upon G20 nations to resolutely address the challenges, like threats to financial stability and debt distress that confront the global economy. "Together, we must resolutely address the challenges that confront us, including those that are of medium to long-term nature such as threat to financial stability, debt distress, climate finance, fractures in global trade and strains on global value chains," Das said. The RBI Governor said G20 is poised for a transformational journey and within the finance track, the effort will be to entrench unwavering faith in G20 as a multilateral forum to address challenges. In her inaugural address, Finance Minister Nirmala Sitharaman said the G20 discussions in 2023 under the India Presidency will focus on exploring holistic solutions to most pressing global challenges.