Indonesia's hosting of G20 is 'strategically important' for global economy, says finance minister

It seeks to promote and drive inclusive, sustainable economic growth

Published Tue, Nov 23, 2021 · 05:50 AM

Jakarta

THE current downturn brought about by the coronavirus pandemic has served as a "wake-up call" for countries to improve their economic resilience, and underscored the pressing need to prepare better to deal with future pandemics.

Indonesian Finance Minister Sri Mulyani Indrawati said this at a recent webinar as she outlined her country's plans as it prepares to host the annual Group of 20 (G20) summit in Bali in October next year.

"While we have seen positive growth in many parts of the world in the second and third quarters of 2021, the global economic recovery is uneven. It also remains subject to downside risks, which are growing and cyclical," she said at…