G20 meeting drafts communique on long-term economic recovery strategy

0 Comment(s)Print E-mail Xinhua, February 17, 2022
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Photo taken on Aug. 15, 2021 shows a view of the Ningbo-Zhoushan Port in Ningbo, east China's Zhejiang province. [Photo/Xinhua]

The Group of 20 (G20) second Finance and Central Bank Deputies (FCBD) meeting held on Feb. 15-16 produced a communique draft containing a long-term economic recovery strategy for better prevention, preparedness and response to potential future pandemics.

Wempi Saputra, an expert staff member to Indonesia's Minister of Finance for Macroeconomics and Finance, said Wednesday that the communique draft would be further discussed in the first Finance Ministers and Central Bank Governors (FMCBG) meeting scheduled for Feb. 17 to 18.

It is important for G20 members to show commitment to supporting the world's economic recovery and strengthening coordination in financial and health sectors, Saputra said when opening the second day of the meeting.

The two-day FCBD meeting marked the first series of the FMCBG meetings in the Finance Track of Indonesia's G20 Presidency, which carries the theme "Recover Together, Recover Stronger."

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