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Showing posts with the label G20 2023
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Secretariat for organising G20 Summit 2023, approved. ~Preet. The Union Cabinet recently initiated the process of establishing a Secretariat to oversee the operations of organising the G20 summit in 2023. From the 1st of December 2022 until the 30th of November 2023, India will preside over the international body as its President, paving the way for the G20 summit to be held in India. The Secretariat will remain operational until February 2024. It would also enable long-term capacity building for India's leadership on global challenges at multilateral fora, including knowledge and skills. In December 2021, Indonesia will inherit the G20 Presidency. G20 is a coalition of 19 nations and the European Union (EU), with representatives from the International Monetary Fund and the World Bank. It lacks a fixed secretariat or headquarters. The membership is made up of the world's greatest advanced and emerging nations, comprising around two-thirds of the world's population, 85 perce