G20 finance chiefs to discuss international debt architecture, more loans to developing nations

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Global finance chiefs will meet in India next week to discuss increasing loans to developing nations from multilateral institutions, reforming the international debt architecture and regulations on cryptocurrency, Indian officials said. The finance ministers and central bank governors from the Group of 20 (G20) nations will also discuss a multilateral agreement on taxing conglomerates with cross-border operations, while the Russian war in Ukraine was also bound to come up, they said. The July 17-18 meeting in Gandhinagar, the capital of the western state of Gujarat, will be the third finance chiefs’ meeting under India’s G20 presidency and will set the...