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Jakarta Post

RI urges G20 not to withdraw stimulus

  • Adrian Wail Akhlas

    Jakarta

Jakarta   /   Thu, October 22 2020   /  01:00 am
Minister of Finance Sri Mulyani conveyed the realization of the State Budget (APBN) 2020 in Jakarta, Wednesday (02/19/2020). (Antara/Puspa Perwitasari)

Indonesia has urged leaders of G20 nations not to end their financial support programs prematurely to help ensure the recovery of the pandemic-battered global economy, while also calling for international cooperation in the development and distribution of a COVID-19 vaccine. Finance Minister Sri Mulyani Indrawati said a “partial and uneven” economic recovery could result in the global economy failing to reach pre-pandemic levels. “G20 countries should avoid withdrawing stimulus too early and ensure vaccine access and availability, which are crucial to handling the pandemic and supporting economic recovery,” the finance minister said in a statement following a virtual meeting between finance ministers and central bankers of G20 countries on Oct. 14. “Indonesia is committed to using a full range of policy tools, including a policy mix of fiscal, monet...