‘Financial viability of countries threatened by unsustainable debt’: PM Modi to G20 FMs, central ban
Prime Minister Narendra Modi addressed finance ministers and central bank governors of G20 nations via a video message on Friday. The meeting, held at a hill resort on the outskirts of Bengaluru is the first major event of India’s G20 presidency. PM Modi, during this address, said that the financial viability of many countries was being threatened by unsustainable debt. He said that trust in international financial institutions has eroded, and that food and energy security have become major concerns across the world.