‘Need to prioritise food and energy security’

• G-20 finance chiefs pledged to address global food insecurity and rising debt but made few policy breakthroughs amid divisions over Russia's war in Ukraine.

Key highlights

• Group affirmed that it has "strong consensus" to address worsening food security crisis.
• This is challenging time because Russia is part of G20 and doesn't agree with rest on how to characterize war.
• G20 will set up a joint forum between finance and agriculture ministers to address food and fertilizer supply issue.
• Similar forum was set up for finance and health ministers for pandemic preparedness.

Prelims take away

• G-20