On Indonesia’s G20 Presidency, Minister: Opportunity to Shape Policies on Global Economic Recovery

A Press Conference on Indonesia’s G20 Presidency, Tuesday (09/14). Source: YouTube Channel of Presidential Secretariat.

G20 Presidency provides an opportunity for Indonesia to play a role in shaping policies on global economic recovery, Coordinating Minister for Economic Affairs Airlangga Hartarto has stated.

“By holding the 2022 Presidency, Indonesia has a strategic opportunity to play a role in shaping policies on global economic recovery, especially in the post-COVID-19 era,” Airlangga said in a press conference on Tuesday (09/14).

The Coordinating Minister said that as many as 150 G20 meetings will be held from December 1, 2021 to November 30, 2022, including high-level conferences, ministerial and central bank governor meetings, Sherpa-level meetings, deputy-level meetings, working group meetings, engagement group meetings as well as side events.

With the estimated number of delegates of 500 to 5,800 people, he added, the meetings will be held in a hybrid format, by taking into account the ongoing COVID-19 pandemic.

Airlangga said that the Government ensures that the side event meetings will comply with health parameters, implement health protocols, and carry out a level assessment of the pandemic in accordance with WHO standards.

For the next year G20 Presidency, he added, the Government has set five priority pillars to be discussed, namely promoting productivity; increasing resilience and stability; ensuring sustainability and inclusive growth; enabling environment and partnership; and forging a stronger collective global leadership. Indonesia will also encourage global policy coordination that contributes to the balanced and adaptive world governance to overcome crisis.

“In holding the G20 Presidency, Indonesia will encourage coordination of global policies that contribute to balanced world governance, make the G20 adaptive to crises, and will fight for national interests in global fora, including, among others, on issues of digital transformation and inclusive economy,” the Coordinating Minister said.

He went on to say that strong synergy and coordination are important for Government Ministries and Institutions involved in the 16 working groups, non-government stakeholders as well as communities and civil society involved in the ten engagement groups.

“The involvement of various elements of society clearly shows democratization in the deliberation and determination of global strategic issues,” Airlangga said.

According to him, the involvement of all interest groups also reflects the Government’s inclusiveness and openness to embrace all members of society in order to support a strong national economic recovery and good governance.

“It is also part of the message to international communities that Indonesia stands ready to become the locomotive of global economic recovery with the spirit of consensus and togetherness,” Airlangga remarked. (DND/AIT/UN) (RI/MUR)