Xinhua News Agency, Jakarta, July 16 (Reporter Yu Qianliang and Zheng Shibo) The Group of Twenty (G20) Finance Ministers and Central Bank Governors Meeting concluded in Bali, Indonesia on the 16th. The meeting reached consensus on issues such as food security and cooperation in tackling inflation. .
In a press conference after the meeting, Indonesia's Finance Minister Indra Bahia said members had agreed on a range of areas, including promoting food security, supporting the establishment of financing mechanisms for pandemic prevention and response, working towards a global tax agreement, providing transition to clean energy and climate change financing, among others.
In Zhuohua said that the world is currently facing multiple challenges, and all parties need to overcome the problem of mistrust.
Issues such as food security, energy, climate change, and COVID-19 are interconnected, and the world needs more cooperation. No country can solve global challenges alone.
She said the participants agreed that the world is currently facing a food security problem, which requires global attention and a policy response.
The world should eliminate trade protectionism in order to promote the smooth flow of food from producing countries to consuming countries.
Bank Indonesia Governor Perry Vajiyo said the G20 pledged to adopt more precise macroeconomic policies to counter inflation and slowing growth.
Indonesia is the rotating presidency of the G20 this year. The G20 Finance Ministers and Central Bank Governors Meeting opened on the 15th and was held online and offline.