G20 = The meeting of finance ministers and central bank governors of 20 major countries opened in Indonesia on the 15th.
Discussions have begun on how to respond to global inflation accelerated by Russia's invasion of Ukraine.
The G20 Finance Ministers and Central Bank Governors' Meeting opens in Bali, Indonesia on the morning of the 15th of Japan time, with Finance Minister Suzuki and Bank of Japan Governor Kuroda attending face-to-face from Japan.
At the opening, Treasury Minister Sri Muryani of Indonesia, the presidency, said, "War and rising commodity prices could further accelerate global inflation and destabilize society," expressing a sense of crisis. rice field.
At the meeting from the 15th, the response to the global acceleration of inflation has become a major theme, and discussions have begun.
Supply network = In addition to supply chain and logistics disruptions, Russia's invasion of Ukraine has further increased energy and food prices.
Central banks in each country are accelerating rate hikes to curb inflation, but prices have not subsided, civic life is being squeezed, and interest rate hikes such as the United States have led to currency depreciation in emerging countries and capital outflows. We are in a state of concern.
As the conflict between Western countries and Russia deepens over the situation in Ukraine, the focus will be on whether the G20 can show a coordinated stance in dealing with inflation.