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Business · 2026-10-15 · Morning briefing

G20 finance chiefs meet in Bangkok on war economy

Finance ministers and central bank governors from the G20 nations are gathering in Bangkok, Thailand, this week to address an uncertain global outlook shaped by the US-Israel war on Iran. The meetings, which began on Thursday, are being held in conjunction with the annual sessions of the International Monetary Fund and the World Bank, also taking place in the Thai capital through October 18th.

The G20 bloc, which includes members such as the United States, China, India, and the African Union, collectively accounts for approximately 85% of global GDP and three-quarters of world trade. The gathering concentrates the leadership of the world's most significant economic institutions in one city to coordinate policy.

Established in 1999 for finance ministers and central bankers to address shared economic concerns in the wake of the Asian Financial Crisis, the G20 has since expanded to include a broader summit for national leaders.

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