YOGYAKARTA The peak of the 17th G20 Summit will be held in Bali on 15-16 November 2022. A number of heads of state are reported to have arrived in Bali to attend the meeting, including the President of the United States Joe Biden. So, what is Indonesia's role in the G20 Summit?
As is known, Indonesia won the trust to hold the Group of 20 (G20) Presidency in 2022. This trust was obtained after the handover at the end of the Rome Summit on October 30-31, 2021. The Indonesian Presidency was held from December 1, 2021, to November 30, 2022.
Quoted by VOI from the official website of Bank Indonesia, the G20 is an international forum that focuses on policy coordination in the economic and development fields.
As the holder of the Presidency, Indonesia plays a role in determining priority agendas and leading a series of G20 meetings. Therefore, the G20 forum is used by Indonesia as a forum and events to show the position of the state in leading a global forum aimed at overcoming various challenges and issues at the world level.
Held during the Covid-19 pandemic that hit the world, Indonesia's G20 Presidency in 2022 became the most crucial period in the global economic recovery process.
Thus, global collaboration through the G20 Forum must be able to produce concrete and major breakthroughs to address the current global food, energy and financial crisis, as well as accelerate joint recovery and recover stronger.
While holding the chairmanship of the G20 Presidency, there are three priority issues discussed by Indonesia, including:
In this G20 Summit, Indonesia carries the theme Recover Together, Recover Stronger. This theme was raised by Indonesia as a joint effort to find solutions to the world's economic recovery which contracted due to the COVID-19 pandemic.
In addition, Indonesia also encourages policies that support stronger, more sustainable and comprehensive economic growth after the pandemic.
Types of State Introduction at the G20 Forum
At least, there are three types of meetings in the G20 Indonesia, namely the High Level Conference, the Ministerial and Deputy Meeting, and working group meetings.
The following is an explanation of the three types of state meetings at the G20 forum.
1. Summit
The Summit was a meeting that invited the head of state and head of state government of the G20.
The summit is the culmination of a series of meetings involving G20 member countries.
2. Ministerial and Deputy Level Meetings
The ministerial and deputy-level meetings were held based on each of the main focuses of the forum which were divided into two lanes, namely the finance track and the Sherpa track.
The finance track forum was initiated by the Ministry of Finance and Bank Indonesia which focuses on financial issues.
Meanwhile, the Sherpa meeting was focused on discussing non-financial economic issues.
The Ministry of Finance and Bank Indonesia have a role to play in encouraging the development of six priority agendas in the financial line, namely:
3. Working Group
This meeting discussed and addressed specific issues related to the G20 agenda more broadly.
The work group forum is attended by experts from each G20 country. The results of this meeting will be included in the segment of the ministry and summit.
This is information about Indonesia's role in the G20 Summit. Hopefully it will be useful!
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