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U.S. DEPARTMENT OF THE TREASURY
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with
Minister of Finance and Economy of Italy Giancarlo Giorgetti
September 8, 2023

NEW DELHI – Today, Secretary of the Treasury Janet L. Yellen met with Italy’s Minister of Economy
and Finance Giancarlo Giorgetti on the sidelines of the G20 Summit in New Delhi. During their
meeting, Secretary Yellen and Minister Giorgetti exchanged views on shared priorities ahead of
Italy’s G7 presidency in 2024. Secretary Yellen expressed U.S. support for an equiproportional
quota increase at the International Monetary Fund and encouraged collaboration on boosting the
World Bank’s concessional financing capacity. She also inquired about Italy’s economic outlook.
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