Wednesday, June 19, 2024
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On Thursday, India will take over the G20 group’s chairmanship for the upcoming year. The Group of 20 (G20) is an organization that meets annually to debate the most important global issues. It is made up of 19 of the greatest advanced and developing economies in the world, as well as the European Union.

After the global financial crisis of 2008–2009, it changed from being a platform for finance ministers and central bank governors, which it had been after the Asian financial crisis in the late 1990s, to a summit of leaders, including heads of state and government. A summit will be held in New Delhi in September 2023 after a year-long series of discussions during India’s first presidency. The majority of G20 economies are projected to experience an economic slowdown this year.

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