JakartaPost-July 18, 2022
Despite falling short of issuing a formal communiqué due to conflicting views over the Ukraine war, the Group of 20 finance chiefs have produced some fundamental agreements to tame global inflation and growing food supply shortages that pose risks to all countries. Finance Minister Sri Mulyani Indrawati said all G20 finance chiefs had agreed that intervention and policies were needed to correct the ongoing food supply disruption to prevent a deeper crisis. “Trade [restrictions] and protectionism should be eliminated in order for us to be able to address or create or facilitate the flow of food [supplies] from the production side […] to the country that needs it,” Sri Mulyani said at press briefing on Saturday, after closing the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Bali. Despite falling short of issuing a formal communiqué due to conflicting views over the Ukraine war, the Group of 20 finance chiefs have produced some fundamental agreements to tame global inflation and growing food supply shortages that pose risks to all countries. Finance Minister Sri Mulyani Indrawati said all G20 finance chiefs had agreed that intervention and policies were needed to correct the ongoing food supply disruption to prevent a deeper crisis. “Trade [restrictions] and protectionism should be eliminated in order for us to be able to address or create or facilitate the flow of food [supplies] from the production side […] to the country that needs it,” Sri Mulyani said at press briefing on Saturday, after closing the G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting in Bali. Read more at:
