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G20 Principles for Financing Cities of Tomorrow
August 11 , 2023
473 days
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- In the third IWG meeting, the substantive progress was discussed towards the work streams of the 2023 infrastructure agenda.
- The flagship priority discussed in this meeting is ‘financing cities of tomorrow: inclusive, resilient and sustainable".
- The third meeting of the G20 Finance Ministers and Central Bank Governors (FMCBGs) concluded in Gandhinagar.
- This meeting marked a significant milestone in addressing key global financial issues, building upon the agenda set during the first meeting under the Indian Presidency in February 2023.
- Multilateral development banks (MDBs) face increasing demands from donor and borrowing countries to expand their lending operations.
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