Sitharaman meets US Treasury Secretary Yellen ahead of the G20 meet in Bangalore, discusses crypto, global debt vulnerabilities

Finance Minister Nirmala Sitharaman on Thursday held a bilateral meeting with US Treasury Secretary Janet Yellen and discussed issues relating to crypto assets, strengthening multilateral development banks, and global debt vulnerabilities.

FM Smt. @nsitharaman meets US Treasury Secretary Ms @SecYellen ahead of the first #G20 #FMCBG meeting, in Bengaluru, today. The two leaders exchanged views on #G20 #FinanceTrack priorities under #G20India Presidency in 2023. (1/3) pic.twitter.com/Hl2ewXWC8S

— Ministry of Finance (@FinMinIndia) February 23, 2023

The deliberations were held on the sidelines of the first meeting of the G20 finance ministers and central bank governors here under the G20 India Presidency.

"The two leaders exchanged views on #G20 #FinanceTrack priorities under #G20India Presidency in 2023. The two leaders discussed their perspectives on strengthening #MDB, #GlobalDebt vulnerabilities, #CryptoAssets, and #health, besides the Just Energy Transition Partnership #JETP and possible takeaways for the two sides," the finance ministry tweeted.

Both sides agreed that lessons learnt from the COVID-19 pandemic should not be lost sight of, and the ministry needs to enhance preparedness for future pandemic-type shocks, the ministry said.

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