The weakening global-growth outlook and how policy makers should respond will dominate the agenda when officials from the world's biggest economies gather in Shanghai next week, people familiar with the talks said.

The Group of 20 central bankers and finance ministers will also discuss the turmoil in China's financial markets and ways to bolster a safety net for the global financial system, according to the officials, who asked not to be named because details of the meeting's agenda haven't been publicly announced.

"Are we in a 2009 moment? I don't think so. Are in a moment where coordination is needed? Yes." --Christine Lagarde, IMFChina, whose hosting of the forum this year culminates in a leaders' summit in September, is pushing a detailed and diverse platform that covers everything from bolstering investment in infrastructure to climate-friendly financing, the people said. The discussions will include exploring ways to make the global financial system more stable, updating International Monetary Fund (IMF) governance, and countering terrorist financing.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.