Deputy Finance Minister Hails ‘Constructive’ G20 Finance Track talks – G20 South Africa

Finance ministers and central financial institution governors from the G20 members have met for the final time underneath South Africa’s G20 Presidency.

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

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

Finance ministers and central financial institution governors from the G20 members have met for the final time underneath South Africa’s G20 Presidency.

The two-day gathering in Washington came about on the sidelines of the annual International Monetary Fund and World Bank conferences.

The G20 finance observe focuses on international financial stability, bettering worldwide monetary cooperation, and addressing urgent international challenges.

Masondo and Reserve Bank Governor Lesetja Kganyago are at the moment briefing the media on the outcomes of the ultimate assembly.

He mentioned amid rising geopolitical tensions, South Africa championed international cooperation and improvement, with a particular concentrate on Africa.

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