ANS: The 19th G20 Summit officially began in Brazil on [date], with Brazilian President Luiz Inácio Lula da Silva opening the first plenary session, which focused on the “Global Alliance against Hunger and Poverty.” This new initiative, launched under Brazil’s G20 presidency, aims to unite member nations in the ongoing fight against global inequality, poverty, and food insecurity.
The session was attended by a host of world leaders, including the heads of the Troika countries: South African President Cyril Ramaphosa, Brazilian President Lula da Silva, and Indian Prime Minister Narendra Modi. Other key dignitaries at the summit included Chinese President Xi Jinping, U.S. President Joe Biden, and U.K. Prime Minister Keir Starmer.
The event also marked a significant moment for India, which is currently holding the G20 presidency. India has projected an impressive 7 percent GDP growth rate for 2024, underscoring its economic resilience amidst global challenges. According to a social media post by MyGov, India’s robust performance highlights its dynamic economy, which continues to expand at a rapid pace despite global uncertainties.
In comparison, Indonesia is expected to see a 5 percent GDP growth, while China is projected to grow at 4.8 percent, securing the third spot in the growth rankings. The summit, which gathers the world’s leading economies, is set to address a wide range of global issues, with a special emphasis on collaboration to reduce inequality and foster sustainable development worldwide.