G20 finance officials press ahead despite political upheavals
Finance Track to tackle high cost of cross-border payments and the risks of ‘shadow banking’ for financial stability
26 February 2025 - 05:00
Global political divides might intrude on the Group of Twenty (G20) finance ministers and central bank governors (FMCBG) meeting which opens in Cape Town on Wednesday, but the Finance Track of the G20 is expected to get on regardless, tackling concrete issues such as the high cost of cross-border payments and the risks of “shadow banking” for financial stability.
They are also expected to tackle the problem of high levels of sovereign debt in developing countries...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.