New Delhi, Feb 20 (TIWN) The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting, under the G20's Indian Presidency, is scheduled to take place in Bengaluru between February 24-25.

The meeting saw an enthusiastic gathering of over 160 foreign delegates including Deputies from G20 member countries, invitee countries, and International Organisations. This marks the beginning of the G20 Finance Track under the Indian Presidency.

Over the course of two days, seven discussion sessions and two side events were organised. The delegates were also given a glimpse of the traditional as well as the contemporary culture of Karnataka through a vivid display of different art forms.

The agenda of this meeting was crafted keeping in view the vision given by Hon’ble PM and Indian Presidency’s G20 theme.

The meeting was conducted with the aim of seeking the views of G20 members on India’s G20 Finance Track priorities for 2023 across various workstreams. A side event on ‘Strengthening MDBs to Address Shared Global Challenges of the 21st century’ was held on the sidelines of the Deputies meeting. This event, moderated by Shri Suman Bery, VC NITI, focused on discussing how MDBs can help countries in addressing trans-boundary challenges. US Finance Deputy, Mr. Andy Baukol and Saudi Arabia’s Finance Deputy, Mr. Ryadh Alkharief alongwith Director-General of ADB, Mr. Tomoyuki Kimura, and Prof. Devesh Kapur of John Hopkins University participated as panellists and shared their views on the topic. Another side event on ‘Role of Central Banks in Managing Climate Risk and in Green Financing’ was also held.