washington finance minister nirmala sitharaman on thursday called for collective responsibility to prevent risks from aggravating the fm said that indias efforts will be to encourage conversations that recognise our interdependencies our shared wisdom and our collective aspiration for a safe peaceful and prosperous world todays global economy faces a confluence of challenges and it is our collective responsibility to prevent the risks from aggravating the finance minister said in her speech during the closing session of the g20 finance ministers and central bank governors here being held on the sidelines of the annual meetings of the international monetary fund and the world bank india will head the annual rotating presidency of g20 next year the finance minister said that india views the hosting of the g20 presidency as an opportunity as well as a responsibility rebuilding trust in multilateralism is at the core of indias thinking she told her g20 colleaguessitharaman said that g20 finance ministers have always come together in the harshest global situations set aside their differences and worked towards a common goal of prosperity for people as such she urged the finance ministers and central bank governors to continue working together with this sense of solidarity