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G20 s legitimacy depends on treatment of world s poorest, UNDP chief says

G20 s legitimacy depends on treatment of world s poorest, UNDP chief says
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G20 s legitimacy depends on treatment of world s poorest, UNDP chief says

SAO PAULO (Reuters) - The legitimacy of the Group of 20 economic powers depends on its impact on the world's poorest people, not just controlling inflation, the head of the United Nations Development Programme (UNDP) said on Tuesday.

G20 s legitimacy depends on treatment of world s poorest, UNDP chief says

The legitimacy of the Group of 20 economic powers depends on its impact on the world's poorest people, not just controlling inflation, the head of the United Nations Development Programme (UNDP) said on Tuesday. Finance ministers from the G20 are meeting in Brazil this week with President Luiz Inacio Lula da Silva putting inequality and poverty, as well as climate change, at the top of the agenda. "The G20's legitimacy in sending absolutely consequential signals into the global economy and financial system must also be measured by its impact and consequences for the world's poorest," UNDP's Achim Steiner said in an interview ahead of the meeting.

G20 s legitimacy depends on treatment of world s poorest, UNDP chief says

The legitimacy of the Group of 20 economic powers depends on its impact on the world s poorest people, not just controlling inflation, the head of the United Nations Development Programme said on. -February 27, 2024 at 01:49 pm EST - MarketScreener

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