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Deputy Finance Minister Hails ‘Constructive’ G20 Finance Track talks

17 October 2025

Finance ministers and central bank governors from the G20 members have met for the last time under South Africa’s G20 Presidency.

Picture caption: Deputy Finance Minister David Masondo during debate on the Appropriation Bill report in the Nationals Assembly on 23 July 2025. Picture: Parliament/Phando Jikelo.

Deputy Finance Minister David Masondo has described the latest G20 Finance Track talks as constructive, as the bloc gears up for the upcoming leaders’ summit next month.

Finance ministers and central bank governors from the G20 members have met for the last time under South Africa’s G20 Presidency.

The two-day gathering in Washington took place on the sidelines of the annual International Monetary Fund and World Bank meetings.

The G20 finance track focuses on global economic stability, improving international financial cooperation, and addressing pressing global challenges.

Masondo and Reserve Bank Governor Lesetja Kganyago are currently briefing the media on the outcomes of the final meeting.

He said amid rising geopolitical tensions, South Africa championed global cooperation and development, with a special focus on Africa.


Original article by Nokukhanya Mntambo | Eye Witness News | 16 October 2025