Finance Minister Sri Mulyani Indrawati (second left) and Bank of Indonesia Governor Perry Warjiyo during the opening of G20 Indonesia's third meeting of Finance Ministers and Central Bank Governors' meeting in Nusa Dua, Badung, Bali, on Friday, July 15, 2022. (ANTARA PHOTOS/Nyoman Budhiana/rwa/my)
The third Finance Ministers and Central Bank Governors (FMCBG) meeting within the framework of Indonesia's G20 Presidency kicked off in Nusa Dua, Badung, Bali, on Friday.
The meeting aims to seek ways to promote better global economic recovery amid the issues or challenges that had become more apparent nowadays.
"G20 needs to (apply more measures) by taking real actions based on the spirit of coordination, collaboration, and consensus in order to solve global issues," Finance Minister Sri Mulyani Indrawati delivered the statement during the opening of the meeting.
At the third FMCBG meeting, several delegations were physically present, thereby making it the one with the most number of physical attendees during the course of Indonesia's presidency.
In total, 407 delegations were physically present in Bali, and 120 attended the event through virtual means. Some 19 finance ministers and 11 governors of Central Banks were also physically present.
The 19 finance ministers were from South Africa, the United States, Saudi Arabia, Australia, India, Indonesia, Italy, Germany, Japan, South Korea, Canada, France, Russia, Turkey, the European Union, the Netherlands, Senegal, Switzerland, and Ukraine.
The 11 governors of central banks that were invited were from South Africa, Saudi Arabia, Australia, the Netherlands, India, Indonesia, the United Kingdom, Japan, Germany, South Korea, and France.
The Indonesian G20 Presidency once more invited Ukraine's finance minister to attend the meeting through virtual means.
Minister Indrawati stated that the presence of majority of the delegations from G20 member countries, guest nations, and international organizations demonstrated global commitment and willingness to support the Indonesian G20 Presidency as well as promote a sustainable economy, especially in the midst of global challenges.
At the meeting, the delegations will discuss about seven priority or legacy agendas encompassing the financial aspect, global economy and its risks, global health issue, and global financial architecture.
Other agendas include the financial sector, sustainable finance, infrastructure development, and international tax.
Related news: Indonesia strives to bridge differences in G20: Minister
Related news: Indonesia's carbon credit export potential reaches Rp2.6 trillion
The meeting aims to seek ways to promote better global economic recovery amid the issues or challenges that had become more apparent nowadays.
"G20 needs to (apply more measures) by taking real actions based on the spirit of coordination, collaboration, and consensus in order to solve global issues," Finance Minister Sri Mulyani Indrawati delivered the statement during the opening of the meeting.
At the third FMCBG meeting, several delegations were physically present, thereby making it the one with the most number of physical attendees during the course of Indonesia's presidency.
In total, 407 delegations were physically present in Bali, and 120 attended the event through virtual means. Some 19 finance ministers and 11 governors of Central Banks were also physically present.
The 19 finance ministers were from South Africa, the United States, Saudi Arabia, Australia, India, Indonesia, Italy, Germany, Japan, South Korea, Canada, France, Russia, Turkey, the European Union, the Netherlands, Senegal, Switzerland, and Ukraine.
The 11 governors of central banks that were invited were from South Africa, Saudi Arabia, Australia, the Netherlands, India, Indonesia, the United Kingdom, Japan, Germany, South Korea, and France.
The Indonesian G20 Presidency once more invited Ukraine's finance minister to attend the meeting through virtual means.
Minister Indrawati stated that the presence of majority of the delegations from G20 member countries, guest nations, and international organizations demonstrated global commitment and willingness to support the Indonesian G20 Presidency as well as promote a sustainable economy, especially in the midst of global challenges.
At the meeting, the delegations will discuss about seven priority or legacy agendas encompassing the financial aspect, global economy and its risks, global health issue, and global financial architecture.
Other agendas include the financial sector, sustainable finance, infrastructure development, and international tax.
Related news: Indonesia strives to bridge differences in G20: Minister
Related news: Indonesia's carbon credit export potential reaches Rp2.6 trillion
