Indian Prime Minister Narendra Modi urged global financial leaders to focus on the world’s “most vulnerable citizens” as he opened the G20 meeting on Friday, the first anniversary of Russia’s invasion of Ukraine.
The Indian leader made no direct mention of the war in his address to G20 finance ministers and central bank governors at the Nandi Hills resort on the outskirts of Bengaluru, though the conflict and its impact on the world is likely to dominate the two-day meeting. Is. ,
Modi said the COVID-19 pandemic and “rising geopolitical tensions in different parts of the world” have led to unsustainable debt levels in many countries, disruption of global supply chains and threats to food and energy security.
“I would urge that your discussions must focus on the world’s most vulnerable citizens,” he said, adding that stability, confidence and growth must be brought back to the world economy.
However, the meeting’s participants are likely to focus on the war in Ukraine. The G20 bloc includes the wealthy G7 democracies, as well as Russia, China, India, Brazil and Saudi Arabia.
