What Happens in G20 Summit: G20 is a group of 20 world’s largest economies, that gather informally to discuss economic issues. Basically, there are 19 countries who get involved in this summit, and discuss some of the important topics related to the world economy. The decisions of this summit are not bound to anybody to follow.
Why Does the G20 Matter?
It matters to hear the opinions of the world’s top leaders on the most important decisions of the economy. It gives a broad view of the current problems and solutions as suggested by the top people in the country.
What’s Been on the Agenda?
This summit is basically focused on the broad macroeconomic policy but has expanded its space. Economic and financial coordination are the two main summit’s agenda. However, issues like the future of work, climate change, and global health are coming into main focus as well. The broader agenda became more common in the decade following the global financial crisis.
All in all the agenda of this summit is always to discuss the hot topics of the country and gain collective viewpoints on it.
Also Read: Agenda of G20 Summit 2023
Frequently Asked Questions
Delhi the capital of India is all set to host the important G20 summit from September 8 to 10, with a strong focus on showing its rich culture and cuisine to world leaders and their spouses.
G20 was established in 1999 to give a platform to the finance ministers and Central Bank Governors to have an informal discussion on international economic and financial issues.
The first summit of G20 was held in Washington DC, London and Pittsburgh.
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