On December 1, 2012, Russia will assume the presidency of the G20. Russian President Vladimir Putin has issued a statement outlining the country's plans over the course of its presidency. He emphasised that the focus of Russian presidency will be to focus the G20's efforts on developing measures to “stimulate economic growth and create jobs”, which should be achieved through “investment incentives, trust and transparency in markets, and effective regulation.”

Putin also stated that these priorities will be at the heart of the issues discussed at the G20’s agenda. These issues will include the state of the global economy, implementing the framework agreement for strong, sustainable and balanced growth, facilitating job creation, reforming the currency and financial regulation and supervision systems, stability on global energy markets, stimulating international development, strengthening multilateral trade, and countering corruption. He aims to include two new issues on the financial agenda: financing investment as a basis for economic growth and job creation, and modernising national public borrowing and sovereign debt management systems.