Brazil's finance minister called Thursday for an international plan to ensure the world's super-rich pay their taxes, urging G20 nations to adopt a shared stance on preventing billionaire tax-dodging by July."Effective solutions to ensure the super-rich pay their fair share of taxes depend on international cooperation," said Haddad, a close ally of Brazil's leftist President Luiz Inacio Lula da Silva.
G20 finance ministers discuss global economy, support against Russia s invasion, frozen assets for aid to Kyiv. Economic risks of cost-of-living crisis, climate change, and Middle East conflict are also on the agenda. G20 aims to address poverty, debt burdens, developing countries representation, and international taxation, there are talks of plans to set up a fund for Ukraine.
he IEG presented the second volume of its report on strengthening MDBs to G20 finance ministers and central bank governors at the fourth and the last meeting under the Indian presidency in Marrakech.
The G20 has crafted an action-oriented roadmap on crypto assets, aimed at coordinating global policy and creating mitigating strategies and regulations for these emerging funds.