Economy News

De-risking the global economy a key concern of the G20: EAM Jaishankar – Mintpaisa

Foreign Minister S. Jaishankar.  To file

Foreign Minister S. Jaishankar. File | Photo credit: PTI

The main concern of the G20 would be to find ways to reduce risks to the global economy, Foreign Minister S. Jaishankar said on Sunday.

During a speech on India’s G20 presidency for a year, Mr Jaishankar said the NDA government led by Prime Minister Narendra Modi had tried to protect consumers as much as possible from increases in petrol prices and had taken steps to contain inflation.

“Today the world has learned a lesson that security does not just mean physical security, not just economic security. It also means health security, food security. So today we have to find a way to de-risk the global economy, like we would de-risk a sector, like we would de-risk a business. This is a very important debate and I would say a very important concern of what the G20 would be looking at,” he said. he declares.

He further said that there will be 15 G20 ministerial-level meetings this year in addition to presidential and prime minister-level conclaves in September.

The COVID-19 pandemic has left a very deep psychological scar in the world today and there is a deep sense of anger that developed countries have taken care of themselves during the epidemic, said the Minister of The union.

With the exception of India, very few countries have made efforts to think about the rest of the world, Mr Jaishankar added.


Source link

Leave a Reply

error: Content is protected !!