G20 Indonesia

3rd FMCBG, FCBD meetings to discuss taxation, global risk: ministry

3rd FMCBG, FCBD meetings to discuss taxation, global risk: ministry

Special staff to the finance minister in the macro economy and international finance department, Wempi Saputra, addressing an online media briefing on Thursday (July 7, 2022). (ANTARA/Agatha Olivia/FR)

Thus, the G20 plays a very significant role, especially in this finance track. The expectation is that the entire collaboration within G20 can be continued in a positive manner toward domestic and global community
Jakarta (ANTARA) - The 3rd G20 finance ministers and central bank governors (FMCBG) and finance and central bank deputies (FCBD) meetings will discuss seven agendas ranging from international taxation to global risk and economy, the Finance Ministry said.

 

The meetings would be held in Bali, Indonesia, from July 11 to 17, 2022, special staff to the finance minister in the macro economy and international finance department, Wempi Saputra, informed at an online media briefing on Thursday.

 

G20 is an international forum comprising 19 countries and the European Union that work together to handle major issues. Indonesia is holding the presidency of the grouping this year.

 

The meetings will be held along with side activities that will also discuss the seven agendas, Saputra said.


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The seven agendas comprise global risk and economy, global health, international finance architecture, sustainable finance, finance sector, infrastructure, and international taxation, he added.

 

Amid this difficult situation, the ministry, Bank Indonesia, and other stakeholders are conducting coordination and collaboration, which is very important for highlighting the achievements that have been made within the Indonesian G20 Presidency.

 

"The presidency has managed to achieve several targets from priority agendas, such as in the health sector, energy transition sector, international finance architecture sector, and several other sectors," he explained.


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According to Saputra, the Indonesian G20 Presidency is playing a significant role to this day, specifically in encouraging the resolution of global problems within the context of crises, such as the COVID-19 pandemic and geopolitical conflict.

 

Moreover, Indonesia is continuing to motivate G20 nations so that the collaboration can have an optimal impact for the world's benefit, he added.

 

"Thus, the G20 plays a very significant role, especially in this finance track. The expectation is that the entire collaboration within G20 can be continued in a positive manner toward domestic and global community," he remarked.

 

During the media briefing, deputy governor of Bank Indonesia, Dody Budi Waluyo, informed that 69 out of 71 delegations have confirmed their participation in the 3rd FMCBG and FCBD in Indonesia.


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