The primary purpose of the G20 is to promote international financial stability and sustainable economic growth. Member countries come together to discuss and coordinate policies on a wide range of global economic and financial issues, including fiscal and monetary policy, trade, investment, and development.
The G20 holds an annual summit where leaders from member countries meet to discuss and make decisions on key global economic issues. These summits provide an opportunity for high-level diplomacy and cooperation on global challenges.
In addition to the leaders’ summit, the G20 operates various working groups and committees composed of experts and officials from member countries. These groups focus on specific policy areas, such as finance, trade, energy, and development, and work to develop recommendations and policy initiatives.
It has also addressed issues like tax evasion and avoidance, financial regulation, and sustainable development.
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