The discussion is expected to touch on the situation in the global economic and financial sphere, the steps taken by the G20 governments to stimulate global economic growth and restore confidence of the financial markets.
The agenda of the February 15–16 meeting of Finance Ministers and Central Bank Governors will focus on several traditional topics discussed by the G20 on a regular basis, including the implementation of the Framework Agreement to ensure strong, sustainable and balanced growth, the reform of international financial architecture and the progress made on the financial regulation reform.
In his welcome address on December 1, 2012, the President outlined the priorities of Russia’s G20 Presidency and stressed that Russia’s main challenge is to focus the efforts of the G20 states on the elaboration of measures to encourage economic growth and job creation. New topics that were introduced into the agenda of the Financial G20 during the Russian Presidency include investment financing and sovereign debt management.
It is planned that the meeting of Finance Ministers and Central Bank Governors will produce a number of proposals to remove existing barriers and constraints to the growth of investment as well as on improving the management of sovereign debt, which in the future will form the basis for the discussion on this issue at the summit of the G20 leaders in St Petersburg.
For more information on the Russian Presidency of G20 please refer to www.g20russia.ru.