A more streamlined G20 process would be in line with Bessent's call in April for the International Monetary Fund and World Bank to focus on their core missions of financial stabil

At the G20 meeting in Durban, Canada's finance minister emphasized the need to combat the prevailing uncertainty caused by trade restrictions and tariffs. With discussions overshadowed by U.S. policies,

Group of 20 finance officials meet in South Africa from Thursday amid trade tensions, a global economic slowdown and Washington's threat to withdraw from multilateral organisations. President Cyril Ramaphosa has sought to leverage Africa's first G20 presidency to promote an African agenda,

DURBAN (Reuters) -Major economies cannot allow uncertainty to become the new norm even though they face a novel world of growing trade restrictions and tariffs, Canada's finance minister said on Thursday.

Delivering the opening remarks at the 3rd G20 Finance Ministers and Central Bank Governors Meeting, held in KwaZulu-Natal, Godongwana called for unity, decisive policymaking, and a commitment to inclusive multilateralism.

National Treasury said that finance ministers and central bank governors were on the brink of reaching consensus as fiscal and monetary policy leaders meet for a third time under South Africa’s G20 presidency.

By Colleen Goko and Kopano Gumbi JOHANNESBURG (Reuters) -Another no-show by U.S. Treasury Secretary Scott Bessent, Donald Trump's tariff threats and rising tensions between Washington and BRICS countries all look set to overshadow this week's meeting of G20 finance chiefs in Durban,

South Africa, hosting the G20 meeting, urged cooperative global leadership to tackle rising trade barriers, emphasized climate funding, and addressed high debt burdens. U.S. Treasury Secretary's absence highlighted challenges to unity.