G20 meeting drafts communique on long-term economic recovery strategy

'It is important for G20 members to show commitment to supporting the world's economic recovery and strengthening coordination in financial and health sectors'

Topics
G20 Meet | world economy | Economic recovery

IANS  |  Jakarta 

The G20 second Finance and Central Bank Deputies (FCBD) meeting held here produced a communique draft containing a long-term strategy for better prevention, preparedness and response to potential future pandemics.

Wempi Saputra, an expert staff member to Indonesia's Minister of Finance for Macroeconomics and Finance, said on Wednesday that the communique draft would be further discussed in the first Finance Ministers and Central Bank Governors (FMCBG) meeting scheduled for Thursday to Friday, reports Xinhua news agency.

It is important for G20 members to show commitment to supporting the world's and strengthening coordination in financial and health sectors, Saputra said when opening the second day of the meeting.

The two-day FCBD meeting marked the first series of the FMCBG meetings in the Finance Track of Indonesia's G20 Presidency, which carries the theme "Recover Together, Recover Stronger".

--IANS

ksk/

 

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Read our full coverage on G20 Meet
First Published: Thu, February 17 2022. 10:21 IST
RECOMMENDED FOR YOU