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G20 Finance Ministers Meet in U.S. to Discuss Global Economic Risks Amid U.S.-Iran Conflict

Foreign01 Sep 2026 11:12 GMT+7

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G20 Finance Ministers Meet in U.S. to Discuss Global Economic Risks Amid U.S.-Iran Conflict

Finance ministers and central bank governors of the G20 have begun meetings in the United States to discuss global economic risks, especially inflation caused by energy prices, supply chain issues, and rising debt burdens.

On 1 September 2026, finance ministers and central bank governors of G20 countries began a two-day meeting in Asheville, North Carolina, USA, to discuss global economic trends and ways to address growing risks, focusing on inflation, energy prices, and supply chain security.

U.S. Treasury Secretary Scott Bessent emphasized the need to drive economic growth, noting that the world faces high debt levels following the global financial crisis and the COVID-19 pandemic, and that economic growth is a crucial path to resolving these debt problems.

The meeting takes place amid tensions between the U.S. and Iran, raising concerns that rising energy prices could increase inflation and impact the global economy. Attendees discussed ways to reduce risks, including securing supply chains for critical minerals essential to the economy and industry.