Federal Councillor Ueli Maurer at meeting of G20 finance ministers
Bern, 26.02.2021 - Federal Councillor Ueli Maurer and Swiss National Bank Chairman Thomas Jordan took part in the first meeting of G20 finance ministers and central bank governors under Italian presidency on 26 February 2021. The global economic situation, the impact of the COVID-19 crisis and international financial issues were discussed during the virtual meeting.
Following Italy's invitation in 2020, Switzerland is once again involved in all work of the G20 Finance Track. This includes participation in working groups at the technical level, as well as attendance at meetings of finance ministers and central bank governors and their deputies.
The G20 finance ministers and central bank governors discussed short-term measures to cushion the economic impact of the COVID-19 pandemic, as well as how to ensure a sustainable recovery. The upturn should also be used to achieve the climate goals and to promote corresponding investments and technologies. The financial sector is crucial for sustainability, which is why the Italian presidency has reconvened the sustainable finance working group.
Federal Councillor Maurer welcomed Italy's priorities in the G20. Switzerland has pledged to make substantive contributions especially to work on infrastructure financing, the international financial system and financial sector sustainability.
Further meetings of the G20 finance ministers will take place this year in April, July and October.
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