The Group of Twenty (G20) Finance Ministers and Central Bank Governors are set to convene a two-day meeting on the sidelines of the International Monetary Fund (IMF) and World Bank Spring Meetings, taking place in the United States, later this month.
The G20 is an international forum of both developing and developed countries, which seeks to find solutions to global economic and financial issues.
This meeting is part of the Finance Track under South Africa’s G20 Presidency, which will gather Finance Ministers and Central Bank Governors of G20 member countries, invited countries, and international organisations to discuss global economic challenges, financial stability, and policies aimed at fostering economic growth.
South Africa’s G20 Presidency commenced on 1 December 2024 and will run until 30 November 2025. It is taking place under the theme: “Solidarity, Equality, and Sustainability.”
The Finance Track is co-chaired by Finance Minister, Enoch Godongwana, and South African Reserve Bank Governor, Lesetja Kganyago.
G20 members include the world’s major economies, representing 85% of global GDP, 75% of international trade, and two-thirds of the world’s population.
The G20 comprises 19 countries (including Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, the United Kingdom, and the United States), the European Union, and since 2023, the African Union.
The two-day meeting will take place from 23-24 April 2025, in Washington, D.C.
