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Indonesia launches G20 forum on recovery, innovation
Shinta Kamdani, as chairwoman of the B20 Indonesia 2022 forum, has set the agenda to discuss how the G20 countries can recover together from COVID-19, boost innovation across the globe and build an inclusive and sustainable future.
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Shinta Kamdani, chairwoman of B20 Indonesia 2022, speaks at the inception meeting of the G20 subforum on Jan. 27, 2022.
(YouTube/screenshot)
Indonesia will raise issues related to the economic recovery, innovation and inclusivity in the Business 20 (B20) forum, which is part of the Group of 20 (G20) agenda, as the country seeks to help facilitate the global exit from the coronavirus pandemic.
Shinta Kamdani, who chairs the B20 Indonesia 2022 forum, said that, with those three themes, the discussions would focus on a collaborative recovery and economic growth, on boosting global innovation and on working toward an inclusive and sustainable future.
Following the global economic contraction and with millions of people having fallen into poverty due to the pandemic, Indonesia had to facilitate cross-border cooperation not just to revive the economy, but also to improve the global healthcare system, Shinta said.
“The world needs to keep spurring collaboration, innovation and inclusion as it transitions out of the pandemic,” Shinta said during the B20 Indonesia inception meeting on Thursday. “This represents the main foundation for B20 Indonesia this year.”
The International Monetary Fund estimates that the world’s gross domestic product declined by 3.1 percent in 2020 and rebounded by 5.9 percent in 2021, according to its January outlook.
Read also: IMF slashes global growth outlook amid Omicron hit
Shinta said the pandemic had a disproportionate impact on micro, small and medium enterprises (MSME), and on women in particular, although it had lowered the standard of living for many people.
