Millions cannot afford fuel for heating or cooking.
And, after three years of shocks, too many economies and peopleĪround the world, many households struggle to make ends meet because of the The reality is that growth is still subpar and price pressures are still Policymakers and for all of us as a global community.įirst, one family means solidarity and protecting the vulnerable. Let me share my view of what this spirit of “one” represents for India’s G20 presidency: One Earth, One Family, One Future. This leadership is critical-and beautifully captured in the theme of In a world facing multiple challenges and rising geopolitical tensions, We expect them to account forĪbout four-fifths of global growth this year, with India alone expected toīut beyond its role as a global growth engine, India is uniquely positioned Look behind the headline numbers and we see emerging market and developingĮconomies providing much of the momentum. Indeed, while our latest projections show global growth slowing to 2.9 percent this year, we anticipate a modest Point-with inflation declining and growth bottoming out. Twenty finance ministers and central bank governors will gather in Strong performance remains a bright spot. At a time of heightened uncertainties for the global economy, India’s
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