Lots of Talk, Little Consensus and No Action Following G20 Debt Roundtable Discussion Among G20 Finance Ministers

Indian Finance Nirmala Sitharaman together with World Bank President David Malpass and IMF Managing Director Kristalina Georgieva organized a debt roundtable at the G20 finance ministers and central bank governors meeting in Bengaluru on February 25, 2023. Image via the Indian Finance Ministry

The world’s most powerful finance ministers, central bank heads and development finance leaders met on Saturday in Bengaluru, India for a highly-anticipated roundtable that many hoped would unblock the current impasse on debt relief for poor countries.

While debt relief figured much more prominently on this weekend’s agenda than at previous G20 gatherings, the outcome was largely the same: nothing.

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by Eric Olander

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