Yellen to attend India G20 summit, focus on economy, climate, Ukraine

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Yellen to attend India G20 summit, focus on economy, climate, Ukraine
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U.S. Treasury Secretary Janet Yellen will travel to New Delhi to participate in the G20 leaders summit from Sept. 7-10, making her fourth visit to India in 10 months, the Treasury Department said on Thursday.

Yellen intends to focus at the summit on strengthening the global economy and supporting low- and middle-income countries by advancing efforts on debt restructurings, the evolution of multilateral development banks and building International Monetary Fund trust fund resources, the Treasury said.

The Treasury estimates that the lenders collectively can unlock $200 billion in new financing over a decade with balance sheet measures now being implemented or under discussion.

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