<p style="margin: 0px; text-align: justify;">The G7 Finance Ministers and Central Bank Governors met in Niigata, Japan joined by the Heads of the International Monetary Fund, World Bank Group, Organisation for Economic Cooperation and Development, and Financial Stability Board. The meeting took place from 11th-13th May.</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">During the meeting, many issues of global interest were discussed including the Russia-Ukraine war and debt vulnerabilities in developing countries.</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">Other issues included strengthening global economic resilience through climate action, global health architecture, economic security as well as financial digitalization and pursuing welfare enhancement by upgrading economic policies.</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">The group showed renewed commitment and enthusiasm towards free, fair and rules-based multilateral system as well as engagement with international partners through extensive dialogues to advance international cooperation and prosperity for all parties engaged.</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">The discussions held with Brazil, Comoros, India, Indonesia, the Republic of Korea, and Singapore were given due importance in respective issues. G7 members and Finance Ministers of these countries exchanged views on recent global economic developments and major challenges to foster robust and sustainable growth and committed to jointly tackle a range of global economic challenges, fight poverty, and achieve strong, sustainable, balanced, and inclusive global growth.</p>''<p style="margin: 0px; text-align: justify;">It is believed that this will meeting will form the baseline for the upcoming meeting to be held at Hiroshima from May 19th-21st.</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">Other meetings of G7 under that are simultaneously taking place or are scheduled recently are:</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">G7 Science and Technology Ministers' Meeting in Sendai; May 12-14, 2023</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;">G7 Education Ministers' Meeting in Toyama and Kanazawa; May 12-15, 2023</p>''<p style="margin: 0px; text-align: justify;"> </p>''<p style="margin: 0px; text-align: justify;"><span style="color: #222222;">G7 Nagasaki Health Ministers' Meeting; May 13-14, 2023.</span></p>