Key Takeaways from the G20 Finance Ministers Meeting

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Global finance leaders recently met in Washington (15-16 October 2025) to discuss some big-picture challenges, like rising debt, inflation, and climate change. Below is what came out of the meeting and how it could affect your work as an accountant.

• Countries in Debt Will Need More Help

Many developing countries are struggling to pay back loans. The G20 wants to make it easier and faster for these countries to restructure their debt. They’re also encouraging lenders—especially private ones—to be more open about what’s owed.

What this means for you
If you work with governments, NGOs, or clients in affected countries, there may be demand for support with financial reporting, audits, and advising on debt management.

• Growth is a Priority—But So is Financial Discipline

Even with economic uncertainty, countries are being encouraged to keep investing in growth, but carefully. That means building up reserves, managing debt wisely, and focusing on long-term projects like infrastructure and jobs.

What this means for you
Expect more focus on value-for-money audits, budgeting, and performance reporting in both public and private sectors.

• Green Finance is Gaining Momentum

The G20 is pushing hard for climate-related investments. They want more private money flowing into green projects and better systems to track and report on environmental risks.

What this means for you
Be ready for more work in sustainability reporting, ESG audits, and advisory services around green finance and climate risk.

• Global Tax Rules Are Changing (Slowly)

Work continues on a global minimum corporate tax and fairer digital taxation rules. There's also a focus on helping developing countries collect more tax locally.

What this means for you
Keep an eye on tax reform updates, especially if your clients operate internationally. Domestic resource mobilisation is also a growing opportunity in the public finance space.

• Africa is a Key Focus

A new G20 framework is focused on helping African countries lower borrowing costs, boost infrastructure, and attract private investment.

What this means for you
If you work with clients or projects in Africa, there may be new funding, infrastructure, and partnership opportunities to support, especially with cross-border or donor-funded work.

Read more on the G20 Media Statement on the National Treasury’s website.