Published by maria gbaf
Posted on February 17, 2022
1 min readLast updated: February 8, 2026
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BERLIN (Reuters) – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in the final communique, German Finance Minister Christian Lindner said on Wednesday.
BERLIN (Reuters) – Finance chiefs from the Group of 20 major economies will address international financial stability at their meeting this week and reference to the issue can be expected in the final communique, German Finance Minister Christian Lindner said on Wednesday.
Indonesia is to host the meeting of G20 finance ministers and central bank governors on Thursday and Friday. Many participants, including Lindner, will only take part virtually due to the latest coronavirus wave.
“The issue of international financial stability will of course play a major role at the G20 meeting,” Lindner told reporters in Berlin. “Inflation and the reactions to it are particularly challenging for many low-income countries.”
“The topic ‘global macro’ is also one of the priorities of the German G7 presidency,” he added. “It is therefore expected that this will also be reflected in Friday’s final communique.”
Germany took over the rotating G7 presidency at the beginning of this year.
(Reporting by Christian Kraemer; Writing by Paul Carrel; Editing by Madeline Chambers)
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets and institutions, minimizing the risk of financial crises.
Inflation is the rate at which the general level of prices for goods and services rises, eroding purchasing power. It is typically measured by the Consumer Price Index (CPI).
Emerging markets are nations with social or business activity in the process of rapid growth and industrialization, often characterized by lower income levels and greater economic volatility.
An international financial institution is an organization that provides financial support and advice for economic development, such as the World Bank or the International Monetary Fund (IMF).
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