Nokukhanya Mntambo 27 February 2025 | 15:55

Godongwana confirms G20 finance track meeting has not met consensus

After a week of meetings between the deputies, finance ministers and central bank governors some matters that were up for debate are still up in the air.

Godongwana confirms G20 finance track meeting has not met consensus

FILE: Finance Minister Enoch Godongwana at the Land Bank media briefing, on its conclusion on the liability solution with its lenders, 9 September 2024. Picture: GCIS

JOHANNESBURG - Finance Minister Enoch Godongwana has confirmed that the G20 finance track meeting in Cape Town has not been able to meet broad consensus on the agenda of South Africa's presidency.

After a week of meetings between the deputies, finance ministers and central bank governors, some matters that were up for debate are still up in the air.

While some global leaders could not agree on all the big ticket themes, Godongwana said there was no opposition to the theme for solidarity, equality and sustainability.

READ: Emerging countries warned of consequences of proposals to hike taxes

Godongwana and Reserve Bank Governor Lesetja Kganyago delivered the chairperson’s summary on Thursday.

The Finance Minister said he doesn't believe the lack of consensus in this first meeting will derail progress during SA's year-long term.