G20 leaders and finance ministers gathered in New Delhi on 9 and 10 September 2023 to discuss global economic development. The summit will focus on three main issues: debt, economic development, and climate change. On debt, the G20 will review the situation in developing countries. Because the Federal Reserve and other major central banks increased interest rates, developing countries are paying more on their debts. “The G20 has a critical role in moving forward more effective and efficient debt relief processes.”The group will review the debt situation in developing countries.
