During A Meeting At Commission I Of The DPR, Foreign Minister Retno Conveyed A Collectable FIF Fund Of 1.4 Billion US Dollars

Screenshot - Foreign Minister Retno Marsudi delivered an online press statement in Jakarta. ANTARA/Yashino Difa/Aa.

JAKARTA - Indonesian Minister of Foreign Affairs Retno Marsudi revealed that the deposit of committed funds for the Financial Intermediary Fund (FIF) was collected at US$1.4 billion.

"The number of commitments continues to grow, currently the commitment has been received amounting to US$1.4 billion," she said in a Joint Hearing Meeting (RDP) with Commission I of the Indonesian House of Representatives at the Parliament Complex, Jakarta, Antara, Thursday, September 1.

She explained that the formation of the FIF or financial intermediary fund is an agreement from the countries that are members of the G20. "Concrete commitments in global recovery are also ongoing," she said.

She emphasized that one of the concrete commitments that have been obtained at this time is an agreement to form an FIF, namely the preparation of funds to strengthen preparedness and emergency response to pandemics in the future.

During the meeting, Retno conveyed the progress of preparations for the G20 Summit in Bali. "In August, September, and October 2022 there will be 14 G20 ministerial meetings," she said.

In addition, she explained, Indonesian diplomats are fully in the field to "back up" everything.

She explained that a meeting was held in early July 2022 by the G20 Foreign Ministers in Bali. The meeting was attended by all G20 Foreign Ministers directly from foreign ministers of guest countries.

For the first time, said Retno, foreign ministers from warring countries sat in the same room and directly debated the issue of the Ukrainian war.

Meanwhile, Chairman of Commission I of the DPR RI, Meutya Hafid, said that the last internal meeting of Commission I of the DPR RI had formed a G20 Working Committee (Panja).

The Panja, she said, served to support the implementation of activities and a form of commitment from Commission I of the DPR RI to oversee the success of the G20 Summit activities.