The IT capital of India, Bengaluru, held its first G20 Finance and Central Bank Deputies (FCBD) meeting. The meeting marks the start of discussions under the Finance Track of India’s G20 Presidency, which would is jointly hosted by the Ministry of Finance and the Reserve Bank of India from 13-15th December 2022.
The G20 Finance Track, led by Finance Ministers and Central Bank Governors of G20 countries, focuses on global macroeconomic and financial issues and provides an effective forum for global economic discourse and policy coordination. The G20 Finance track which remains as the backbone of G20, is quintessential to G20 shaping the global architecture on all major international economic issues.
On Monday, the G20 delegates were given a traditional Kannadiga welcome at the newly inaugurated International Terminal of the Bengaluru airport with soulful music and dance performances that showcased the colors of Karnataka. Moreover, several cultural products from Karnataka’s One District One Product scheme were also on display for the delegates to get a glimpse of India’s vast heritage and tradition which included Channapatna Wooden Toys, Mysore Rosewood Inlay, Bidriware Metal Handicrafts among others.