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Luis Caputo will meet with Kristalina Georgieva and Janet Yellen at the G20 summit

Luis Caputo will meet with Kristalina Georgieva and Janet Yellen at the G20 summit
February 27, 2024 – 1:05 p.m.

The Minister of Economy will participate in the G20 Ministerial Meeting that will take place on February 28 and 29.

Kristalina Georgieva

The Minister of Economy, Luis Caputowill travel this Tuesday to the city of San Pablo to participate in the G20 Ministerial Meeting which will take place on February 28 and 29. There, the head of the Treasury Palace will meet with the managing director of the International Monetary Fund (IMF), Kristalina Georgievaand the Secretary of the Treasury of the United States, Janet Yellenamong other international personalities.

During his work days at the G20, Caputo will participate in the discussion panels on “The role of economic policies in addressing inequalities: national experiences and international cooperation” and about the “Global perspectives on growth, employment, inflation and financial stability”.

In addition, Caputo will debate with his G20 peers on “International taxation for the 21st century”, on the “Global perspectives on growth, employment, inflation and financial stability”, and on “Global debt and financing for sustainable development”.

Caputo at the G20 summit: what meetings have you scheduled?

During his visit to São Paulo, the Minister of Economy plans to hold a meeting with the managing director of the IMF, Kristalina Georgieva; with the European Commissioner for Taxation and Customs Union, Audit and Anti-Fraud, Paolo Gentiloni; and with the Ministers of Economy of Spain, Carlos Body; from Italy, Giancarlo Giorgetti; from France, Bruno Le Maireand from Brazil, Fernando Haddad.

Likewise, Caputo will maintain bilateral meetings with the German Finance Minister, Christian Lindner; with the Secretary General of the OECD, Mathias Cormann; and with the Secretary of the Treasury of the United States, Janet Yellen. In all meetings, it is expected that the Minister will be accompanied by the Secretary of Finance, Pablo Quirno.

What topics will be discussed at the G20?

The world’s main economies will meet in Sao Paulo to review the global economic evolution in a moment of slowing growth, growing strains from record debt loads, and concerns that inflation still cannot be controlledwho are maintaining high interest rates.

He International Monetary Fund He said last month that the chances of a “soft landing” in which inflation falls without triggering a painful global recession had increased, but warned that Global growth and world trade remained below the historical average.

What is the G20?

Its about main intergovernmental forum for international economic and financial coordinationwith a growing inclination towards issues of a political nature to contribute to the search for solutions to the main problems on the global agenda.

Its members represent almost 90% of the global gross product, two-thirds of the world’s population, 80% of international trade and more than 80% of global investments in research and development.

Source: Ambito

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