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Reuters
Reuters
Business
By David Lawder

G20 finance leaders to gauge toll on global economy on Ukraine war's anniversary

Delegates ride in a buggy at G20 finance officials meeting venue near Bengaluru, India, February 22, 2023. REUTERS/Samuel Rajkumar

Global finance leaders will tally the economic damage from Russia's war in Ukraine on Friday as they meet on the conflict's first anniversary with some voicing concerns that more sanctions on Moscow would disrupt a modest improvement in growth.

The meeting of G20 finance ministers and central bank governors on the outskirts of India's Bengaluru tech hub comes amid signs that the global outlook has improved from the group's last meeting in October, when a number of G20 economies were teetering on the brink of recession amid energy and food price spikes caused by the war.

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