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In November 2025, which country hosted the G20 Summit, where the main outcome was a joint communiqu├й on reforming multilateral development banks?
Australia
India
South Africa
Brazil
South Africa
South Africa hosted the G20 Leaders Summit in November 2025 with a focus on reforming multilateral development banks.
The G20 Leaders Summit held in Johannesburg, South Africa, in November 2025 marked a significant platform for emerging economies to push for structural reforms in global finance. Leaders emphasized the role of multilateral development banks in addressing poverty, inequality, and sustainable economic growth. The summit served as a critical forum for discussing debt vulnerabilities in low-income nations and enhancing fiscal space for development. This event continued the momentum of developing nation leadership within the G20, focusing on solidarity, equality, and sustainability.
The G20 (Group of Twenty) was established in 1999 as a forum for Finance Ministers and Central Bank Governors following the Asian financial crisis. It was elevated to the level of Heads of State or Government in 2008 and notably inducted the African Union as a permanent member during the 2023 New Delhi Summit.
Summit Date: November 2025
Host Country: South Africa
Summit Venue: Johannesburg
Core Priority: Reforming Multilateral Development Banks (MDBs)
C is correct тАФ South Africa hosted the G20 Leaders Summit in November 2025, which prioritized the reform of multilateral development banks to aid global growth.
Remember the G20 presidency sequence of developing nations: Indonesia (2022), India (2023), Brazil (2024), and South Africa (2025) to correlate their shared focus on MDB reform.
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