Chaired by India's Finance Minister Nirmala Sitharaman, broad areas for debate include the health of the global economy and "sustainable finance and infrastructure", hosts said.
US Treasury Secretary Janet Yellen, speaking on the sidelines of the G20 talks on Sunday in the Indian city of Gandhinagar, cited debt restructuring progress in Zambia, which she had discussed when visiting Beijing this month. More than half of all low-income countries are near or in debt distress, double the case in 2015, Yellen added.
China is a major creditor in some of these cases and has faced criticism for its stand on nations' debt restructuring.The Group of 20 major economies will also discuss multilateral development banks' reform, cryptocurrency regulations, and making access to financing to mitigate and adapt to the impacts of climate change easier for the poorest nations.
A newly agreed first step on a fairer distribution of tax revenues from multinational firms reached by 138 countries last week is also set to be delivered.