"Our discussions over the coming days are paramount. They provide a vital opportunity to refine our objectives, ensuring that the Working Groups’ priorities are robust, inclusive, and truly reflect the collective aspirations of the G20."
"The African economies, and indeed here at home, we also face various headwinds. This moment makes the current engagements even more important in revitalising the world economies, and indeed, exploring opportunities for Africa, and South Africa."
"The Fourth International Conference on Financing for Development is a crucial opportunity to reshape the global financial system in support of the Sustainable Development Goals."
"If the G20 fails to act decisively against illicit financial flows, to mobilise domestic resources and to finance development equitably, the scaffolding of the Sustainable Development Goals will remain unfinished and the promise that no one will be left behind will ring hollow."
"From recent meetings it is important to note that whilst there are divergences on some issues, as to be expected in multilateral engagements, there is still overwhelming support for South Africa’s priorities by G20 members."
On the side lines of the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF), Mr Kganyago joined the Brookings Institution for a high-level discussion on the importance of the G20 in today’s global environment. He reflected on how the G20 can adapt to new challenges, strengthen its role in global governance and promote inclusive and sustainable global growth and shared prosperity.
"Our challenges can only be resolved through cooperation, collaboration and partnership because no challenge and no triumph exists in isolation. They require responses that are inclusive and coordinated. Cooperation is our greatest strength and our most powerful weapon."
The first G20 Finance Ministers and Central Bank Governors Meeting (FMCBG) took place on 26 and 27 February 2025 under South Africa’s Presidency of the G20.
© South African Institute of International Affairs
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