Global economy facing heightened uncertainty, complex challenges: G20
Jul 19, 2025
Durban [South Africa], July 19: The global economy is facing heightened uncertainty and complex challenges, including ongoing wars and conflicts, geopolitical and trade tensions, disruptions to global supply chains, high debt levels, and frequent extreme weather events and natural disasters, which impact economic growth, financial and price stability, accoridmg to a statement issued by the G20 Finance Ministers and Central Bank Governors (FMCBG), following their meeting on 17 and 18 July 2025, in Durban, South Africa.