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G20 Finance Ministers and Central Bank Governors Venice Meeting and side events

Rome, July 1 2021 – On 9 and 10 July 2021, G20 Finance Ministers and Central Bank Governors (FMCBG) will gather for the third time under the Italian G20 Presidency. This will be the first in-person Finance Track meeting since before the COVID-19 outbreak in February 2020.

G20 members will progress their discussions on issues related to international economy and global health and on the efforts geared towards economic recovery and the promotion of a more sustainable growth. Ministers and Governors will also touch upon the digital revolution and productivity nexus, support to the most vulnerable countries, international taxation matters, financial sector issues and financing the green transition.

From Thursday 8 to Sunday 11 July, a number of side events will be held on the occasion of the G20 FMCBG Venice meeting. These include the Annual Conference of the Global Forum on Productivity, the G20 High-Level Tax Symposium and the Venice International Conference on Climate.

Journalists interested in following the activities - virtually or from the dedicated media centre in Venice -, will have to apply for accreditation here. Any question related to media, accommodation and logistics should be addressed to g20italyfinance.media@mef.gov.it.

 The Media Handbook is available here.

Media Programme (*)

Thursday 8 July 2021
11.15am – 4pm Annual Conference of the Global Forum on Productivity co-organised by the Italian G20 Presidency
Event open to accredited journalists only.
Accredited journalists can follow the event remotely. Credentials to access the virtual event will be sent to the same email address as that used for accreditation.
Please be aware that the Media Centre in the Venice Arsenal will be closed on Thursday 8 July.
Friday 9 July 2021
09.00am – 11.00am G20 High-Level Tax Symposium
Event open to accredited journalists only.
Accredited journalists can follow the event at the Media Centre or remotely.
Credentials to access the virtual event will be sent to the same email address as that used for accreditation.
11.30am – 5.30pm Annual Conference of the Global Forum on Productivity co-organised by the Italian G20 Presidency
Event open to accredited journalists only.
Accredited journalists can follow the event at the Media Centre or remotely.
Credentials to access the virtual event will be sent to the same email address as that used for accreditation.
1.15pm – 5.30pm G20 Finance Ministers and Central Banks Governors Meeting
Closed-door meeting
6:00pm Press Conference by the G20 High Level Independent Panel (HLIP)
Presentation of the report on financing the global commons for pandemic preparedness and response.

Introductory remarks from:
- Daniele Franco, Minister of Economy and Finance, Italy

With the presence of the Co-chairs of the G20 HLIP:
- Ngozi Okonjo-Iweala, Director General of the World Trade Organization and former Foreign and Finance Minister, Nigeria
- Tharman Shanmugaratnam, Former Deputy Prime Minister and Minister for Finance, Singapore
- Lawrence Summers, Former United States Treasury Secretary
Saturday 10 July 2021
9.45am – 5.15pm G20 Finance Ministers and Central Banks Governors Meeting
Closed-door meeting
5.30pm G20 Presidency Press Conference
With:
Daniele Franco, Minister of Economy and Finance, Italy
Ignazio Visco, Governor of the Bank of Italy
Sunday 11 July 2021
09.15am – 5.30pm The Venice International Conference on Climate
Event open to accredited journalists only.
Accredited journalists can follow the event at the Media Centre or remotely.
Credentials to access the virtual event will be sent to the same email address as that used for accreditation.

(*) Please be aware that this is a temporary programme that may be subject to change.

The Italian G20 Finance Track Presidency

G20 Finance Ministers and Central Bank Governors (FMCBG) have already met twice under the Italian G20 Presidency.

The first official meeting was held on 26 February 2021 - Ministers and Governors acknowledged that health and economic conditions remained difficult despite the launch of vaccination campaigns and signs of strengthening economic activity. In February, they also expressed a strong commitment to scaling up international coordination to tackle global challenges by adopting a stronger multilateral approach and focusing on a set of core priorities.

G20 FMCBGs met again on 7 April 2021 - In their second meeting, G20 Ministers and Governors recognised that after the economic contraction registered in 2020, the global outlook has improved, mainly due to the roll out of vaccination campaigns and continued policy support. Nonetheless, the recovery appeared clouded by uncertainty and uneven across and within countries. G20 Members agreed on a series of commitments which are detailed in the official Communiqué, issued at the end of the meeting.