The future of work, infrastructure, and the global economy: the issues discussed on day one of the G20 meeting
G20 finance ministers, central bank governors, and leaders of international organizations will address taxation challenges and international financial architecture tomorrow.
Day one of the First G20 Meeting of Finance Ministers and Central Bank Governors has successfully concluded. Throughout the day, global economic leaders addressed the future of work and infrastructure financing, two of the priorities of the Argentine G20 presidency.
For the future of work, global economic leaders discussed the impact of technological changes to find ways to create more and better jobs. Regarding infrastructure, the leaders debated new ways to achieve more private participation to narrow the global infrastructure gap. They also discussed the main risks and opportunities in the global economy.
Tomorrow, delegation leaders will meet at 8.15 am and sessions will be held from 8.45 am to 2.45 pm. At 3pm, when the official communiqué will be released, the Argentine G20 presidency’s press conference will begin, chaired by Treasury minister Nicolás Dujovne and Central Bank president Federico Sturzenegger. Immediately after, ministers from other countries will then hold their own press conferences.
Closing with an asado and polo in Palermo
At the end of today’s work sessions at the Exhibition & Convention Centre, the finance ministers, central bank governors, and international organization leaders taking part in this G20 meeting visited the Argentine Polo Grounds.
Polo is one of Argentina’s more traditional sports, and the meeting participants watched a demonstration match between historic rival teams El Trébol and Venado Tuerto, whose players later greeted the attendees. Afterwards, they were treated to a traditional Argentine barbecue known as asado, which featured the best cuts of Argentine beef and pork, staples of the national cuisine. The meal was paired with Argentine wine followed by traditional deserts including flan with dulce de leche.
About the G20
The G20 started out in 1999 as a meeting of finance ministers and central bank governors. In 2008, amidst the global financial crisis, it evolved into what it is today: a major forum that seeks to develop global policies to address the world’s most pressing issues. The G20 summits are attended by the heads of state and government of 19 of the world’s leading economies and the EU. Together, the G20 members represent 85% of global GDP, two-thirds of the world’s population, and 75% of international trade.