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G20

Find out more here about the annual meetings of the G20 and the policy issues they cover.

Fiscal and monetary policy The IMF and World Bank spring meetings: an update

What’s happened so far and what’s coming up next? Finance Minister Christian Lindner provides an update on the IMF and World Bank spring meetings in Washington, D.C., and looks ahead to the G20 meeting, which will focus above all on the global minimum tax rate and on financial literacy and inclusion.

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G20 G20 meeting on international tax reform, global economic conditions, climate action and further support for developing countries

The G20 finance ministers and central bank governors came together in Washington, D.C. on 13 October 2021 as part of the annual meeting of the IMF and World Bank Group. At this fourth meeting under Italy’s G20 presidency, discussions focused on implementing the agreed reforms to the international tax system in a timely manner, ensuring a sustainable economic recovery and enhancing international coordination and cooperation in the fight against climate change. Other items on the agenda included further support for low-income countries and financial market issues. The G20 finance ministers and central bank governors issued a communiqué at the end of their meeting.

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Fair taxation Global corporate tax reform is on the way

Under the auspices of the OECD, 138 countries have reached an agreement on a fair allocation of taxing rights and a global minimum effective tax rate of 15%. This is a genuine revolution in international tax law. The global minimum tax rate will now be implemented in national law.

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Group of 20

The Group of 20 comprises the 19 leading advanced and emerging economies plus the European Union. Formed in 1999, the G20 is the main forum for discussing the international regulatory framework.

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G20 Finance Track: Documents

While the G20’s decisions are not legally binding, its members make voluntary commitments which carry considerable political weight. We have put together an overview of the communiqués from the meetings of finance ministers and central bank governors, as well as some key documents and summit declarations issued since 2008. These documents are available for download in PDF format.

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G20 Presidency 2023

India has held the presidency of the Group of 20 since 1 December 2022. For more information, please refer to the website maintained by the host country.

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G20 Compact with Africa

The German government has committed itself to continuing its support for the G20 Compact with Africa. Germany will work closely with France, international organisations and the African partners to further strengthen the initiative.

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Videos

Christian Lindner explains what is on the agenda of the G20, IMF and World Bank meetings on 13 October

More : Christian Lindner explains what is on the agenda of the G20, IMF and World Bank meetings on 13 October

Press statement by Christian Lindner prior to the Annual Meetings of the IMF and World Bank

More : Press statement by Christian Lindner prior to the Annual Meetings of the IMF and World Bank

Christian Lindner comments on the Annual Meetings of the IMF and World Bank in Washington DC

More : Christian Lindner comments on the Annual Meetings of the IMF and World Bank in Washington DC

Implementing the Common Framework effectively: Christian Lindner discusses the international debt strategy

More : Implementing the Common Framework effectively: Christian Lindner discusses the international debt strategy

Press statement by Christian Lindner after the meeting of G20 finance ministers

More : Press statement by Christian Lindner after the meeting of G20 finance ministers