SAO PAULO, Feb 28, 2024 (BSS/AFP) - G20 finance ministers will meet Wednesday in Brazil, seeking ways to shore up a global economy whose nascent recovery is threatened by a raft of conflicts and crises, including the wars in Ukraine and Gaza. Yellen, French Finance Minister Bruno Le Maire, IMF chief Kristalina Georgieva and other top economic policy-makers will gather in Sao Paulo for the two-day meeting -- though there will be some notable absences, including the British, Chinese, Indian and Russian finance ministers, organizers told AFP. Brazilian Finance Minister Fernando Haddad, the host, will address the meeting by video conference, after coming down with Covid-19, organizers said. "There are a lot of issues on the table, and we face challenges on all of them," said the Brazilian official coordinating the G20 finance meetings, Tatiana Rosito. Founded in 1999, the G20 accounts for more than 80 percent of global gross domestic product (GDP), three-quarters of world trade, and two-thirds of the world's population.

Source: Bangladesh Sangbad Sangstha February 28, 2024 05:11 UTC