At the High-Level Working Group Meeting of Commonwealth Finance Ministers, finance ministers from multiple Commonwealth nations advocated for a thorough revamp of the global financial framework to enhance the accessibility of development financing for vulnerable countries. In addition, they consented to appoint India and Nigeria as the chair and deputy chair, respectively, of the Finance Ministers Working Group for a Commonwealth Call for Reform of the Global Financial Architecture. It aims to fulfil the requirements of developing nations and advance global economic stability.
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