G20 Finance Ministers, Central Bank Governors To Meet In Jakarta Despite Omicron Wave

G20 Finance Ministers, Central Bank Governors To Meet In Jakarta Despite Omicron Wave

JAKARTA, Feb 15 (NNN-ANTARA) – Finance ministers and central bank governors from G20 members, will gather from Feb 17 to 18, for their first meeting this year, under the Indonesian presidency in Jakarta, despite a steady increase in daily COVID-19 cases.

Perry Warjiyo, governor of Bank Indonesia, said yesterday that, high-profile topics to be discussed in the first Finance Ministers and Central Bank Governors (FMCBG) meeting would be about inflation, policy normalisation and digitalisation, to help G20 members recover their economy from the pandemic situation.

“We’ll also talk about the development and stability of global financial market. However, digitalisation would be our primary focus because that is what we need, to recover our economy and expedite the economic transformation, after we’ve suffered the pandemic for two years,” Warjiyo said, on the sidelines of the Casual Talks on Digital Payment Innovation of Banking in Jakarta.

The FMCBG meeting would be held at the Jakarta Convention Centre and the Gelora Bung Karno sports stadium in central Jakarta.

The meeting would be preceded by a meeting of finance ministry and central bank deputies from today, Feb 15, to tomorrow.

Both of the meetings were initially scheduled to take place in Nusa Dua, in Indonesia’s popular resort island of Bali, but moved to Jakarta, as the Indonesian authorities are sure that the capital city is much safer, due to its high COVID-19 vaccination rate.

The meetings would take place both offline and virtually, Indonesia’s Finance Minister, Sri Mulyani Indrawati said recently, reminding that the meeting be held under tight health protocols and all participants be strongly required to follow the rule.

The high-level meetings are held amid increasing daily COVID-19 cases, including the Omicron cases in Indonesia.

Indonesia, Southeast Asia’s largest economy, yesterday confirmed 36,501 new COVID-19 cases, raising its tally of infections to 4,844,279.– NNN-ANTARA

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