A Monthly Round up of G20 Themes
The newly sworn in President of India, Droupadi Murmu has made clear the importance India attaches to the upcoming G20 meeting of the heads of state next year. In her inaugural address President Murmu noted her expectations from the meeting. “In this grouping, twenty big countries of the world will brainstorm on global issues under the chairmanship of India”. She also added “I am sure that the conclusions and policies that will emerge from this brainstorming in India will determine the direction of the coming decades”. It was the right note to strike for the G20 process, as it gathers speed during the Indonesian Presidency. Writing in a blog for the IMF, President Kristalina Georgieva warned the global economic outlook “has darkened significantly”. She made the point that when the G20 had last met in April, the IMF had just cut its global growth forecast to 3.6 percent for this year and next. Georgieva warned this could get worse given potential downside risks. “Since then, several