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The Latest Breaking News from G20

Hard data blows apart UK rhetoric on leading the way to a green economy

Even if the optimists are right and the picture is brighter than the ONS suggests, there’s still a long way to go

The Guardian - UK

India calls for more multi-lateral funding to prepare for future pandemics

India on Thursday urged the world's biggest 20 economies (G20) to make joint efforts to ensure increased multi-lateral funding by global institutions including the International Monetary Fund to prepare for future pandemics.

Reuters

WHO calls for strengthened role as U.S. proposes new pandemic fund

Efforts to strengthen global health security will only succeed if the role of the World Health Organization (WHO) is enhanced, the agency's head said on Thursday, as its biggest donor, Washington, proposed a new global pandemic prevention fund.

Reuters

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Australia tells G20 of Ukraine concerns

Treasurer Josh Frydenberg has told G20 finance ministers of Australia's deep concerns regarding the Ukraine crisis at a meeting in Jakarta.

AAP

Widodo: Now is not time for geopolitical tension

JAKARTA: Indonesian President Joko Widodo on Thursday called for collaboration between countries to promote a global economic recovery and said now was not the time to create geopolitical tensions, such as the situation happening in Ukraine.

Bangkok Post

G20 finance chiefs to discuss Ukraine this week - German official

Finance chiefs from the Group of 20 leading economies will discuss the Ukraine crisis this week but it is unclear whether they will issue a joint statement with a political signal or simply exchange views, a German government official said on Wednesday.

Reuters

Sources: Planned Meeting of G7 Finance Officials Delayed Until March

This week's meeting of finance officials from the Group of Seven advanced economies has been delayed until March 1, two sources familiar with the plans said on Tuesday night. Finance minister and central bankers from the United States, Britain, Germany, France, Italy, Canada, Japan and the European Union were due…

Asharq Al-Awsat

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Treasurer heading to Jakarta for G20

Treasurer Josh Frydenberg is heading to Jakarta for a G20 finance ministers meeting over February 17 and 18.

AAP

Treasurer heads to Indonesia for G20 economic talks

Federal Treasurer Josh Frydenberg is jetting off to Indonesia for his first G20 visit in two years.

The Canberra Times

Cabinet approves Secretariat for 2023 G20 summit

An ‘apex committee’ will be headed by PM

The Hindu

Indonesia to urge G20 to establish global health fund

Indonesia will urge the Group of 20 leading economies to establish a global body that can dispense emergency funds during a health crisis, functioning in a similar way to international financial institutions, its health minister said on Friday.

Reuters

Richest nations urged to lead on nature protection

KUALA LUMPUR: The world's 20 richest nations should more than double their annual spending to protect and restore nature to US$285 billion by 2050, the United Nations and donors said on Thursday, calling for private and overseas investments to be ramped up too.

Bangkok Post

Saudi Finance Minister: Governments Should Allocate Budget for Crisis, Risk Management

Saudi Minister of Finance Mohammed Al-Jadaan has said that governments should study long-term solutions, such as allocating budgets for risk and crisis management worldwide. In the “Building Future Preparedness” panel, during the World Economic Forum, Al-Jadaan added that the G20 represents 80% of the world.

Asharq Al-Awsat

Indonesia wants to use G20 presidency to aid COVID rebound

Indonesia’s leader says the country that holds the presidency of the Group of 20 biggest economies this year is seeking to strengthen global partnership to aid the economic recovery from COVID-19

The Independent UK

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The Conversation

Indonesia will take a big step on the global stage this year – are Australians paying enough attention?

Many Australians are probably unaware that neighbouring Indonesia has assumed the G20 presidency and will host the crucial meeting of the world’s largest economies for the first time in October.

Asharq Al-Awsat

Saudi Arabia Records Highest Growth Levels among the G20 Countries

The IHS Markit Index predicted that the Saudi Arabian economy will record the highest growth levels among the G20 countries in the fourth quarter of 2021, a wide gap of about 4.5 percent from its closest competitor, Italy. The achievement reflects the efficiency of the economic reforms taken by the…

The News Lens

Australia Has a Solution to Indonesia’s Soaring Food Prices

As Indonesia takes the G20 presidency solving the country’s food security crisis should be top of the agenda.

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