French Finance Minister Roland Lescure and Governor of the Banque de France Emmanuel Moulin chaired a meeting of G7 Finance Ministers and Central Bank Governors in Bangkok, on the sidelines of the Annual Meetings of the IMF and the World Bank
Minister Roland Lescure and Governor Emmanuel Moulin convened G7 Finance Ministers and Central Bank Governors in Bangkok today (Canada, European Union, Germany, Italy, Japan, United Kingdom, United States) on the sidelines of the Annual Meetings of the IMF and the World Bank, to discuss support for Ukraine and issues related to the financial sector. Discussions continued with Finance Ministers and Central Bank Governors from partner countries (Brazil, Egypt, India, South Korea, Kenya) on macroeconomic imbalances and the state of the global economy.
IMF Managing Director Kristalina Georgieva, World Bank President Ajay Banga, OECD Secretary-General Mathias Cormann and the FSB represented by its chair Andrew Bailey also participated in the meeting.
In the presence of Ukrainian Finance Minister Sergii Marchenko, Governor of the National Bank of Ukraine Andriy Pyshnyy, and European Bank for Reconstruction and Development (EBRD) President Odile Renaud-Basso, G7 Finance Ministers and Central Bank Governors reaffirmed their support for Ukraine, in the face of Russia’s continued brutal war. G7 members reaffirmed their grave concern over nuclear safety risks following the strike of a Russian drone on the Chornobyl Nuclear Power Plant, and their intention to mobilize funding for urgent repairs to the Chornobyl New Safe Confinement led by the EBRD, currently estimated to be at least €500 million. Subject to national procedures, several G7 members announced their intention to contribute to the repairs, for an aggregate amount of €260 million. G7 members called on other international partners to join this effort and contribute towards covering the remaining financing needs at the donors’ conference organized in Paris on 9 November 2026, co-chaired by France, Ukraine and the EBRD.
G7 Finance Ministers and Central Bank Governors discussed the impact of frontier AI models on cyber risks in the financial sector and ways to strengthen collective preparedness.
Following the G7 Leaders’ meeting on global energy security and market stability on October 2nd , Finance Ministers and Central Bank Governors from the G7 and partner countries exchanged views on the global economic situation, which has shown resilience but is facing shocks and risks that weigh on the global economic outlook, particularly for the most vulnerable countries. Together with partner countries, the G7 adopted an action plan on fertilizer shocks and food systems resilience in June 2026. Implementing this action plan, the G7 has mobilized USD 2,5 billion of funding since the beginning of the crisis in the Middle East, almost entirely in the form of grants, with a focus on resilience and on the prevention of future crises, particularly in Africa.
Finance Ministers and Central Bank Governors from the G7 and partner countries also discussed appropriate responses to growing excessive macroeconomic imbalances.