The G20 countries account for 80 per cent of the global economy and two-thirds of the world’s population. This year’s G20 summit of finance ministers and central bank governors, held along the theme “Recover Together, Recover Stronger”, discussed six topics — global economy, international financial architecture, financial sector regulation, infrastructure investment, sustainable finance and sustainable taxation. The meeting agreed to consider all tools necessary to address food and energy insecurity as well as the rising cost of living in many countries. It also highlighted the importance of cooperation to ensure a coordinated global response to tackle food insecurity. The executives of the two financial institutions voiced their confidence in the Thai economy and the government’s policies on investment for long-term development, the spokesman said.
