Goa to Host Third International Financial Architecture Working Group Meeting from Monday

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The state of Goa in India will host the 3rd International Financial Architecture Working Group Meeting for three days, starting on June 5th. The meeting aims to address the prevalent issues faced by the global economy, and brainstorm ways to improve the international financial architecture. The International Financial Architecture Working Group is one of the important work streams under the G20 Finance Track, and includes finance ministers and central bank governors from G20 countries. The group’s primary focus is to strengthen the international financial architecture, which has been a crucial role in shaping global economic policies since its establishment in 1999. The working group has already met twice before as a part of India’s G20 Presidency to discuss issues related to strengthening multilateral development banks and challenges associated with debt. The upcoming meeting in Goa is a significant opportunity for the G20 to contribute to global financial stability and development by advancing the reforms of the International Financial Architecture.

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