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View all search resultsIndonesian Vice President Ma’ruf Amin expressed hope that the next Group of Twenty presidency would fare better in fostering global cooperation after seven countries played truant at this week’s Supreme Audit Institutions 20 (SAI20) Summit hosted by Indonesia in Bali.
In a joint statement, US Treasury Secretary Janet Yellen and Indonesian Finance Minister Sri Mulyani Indrawati said an upcoming forum of health and finance ministers at the G20 summit in Rome is a political window to act to prevent the next pathogen from becoming a pandemic.
In wrapping up their two-day videoconference, the G-20 leaders are also likely to vow in a joint statement that they will make every effort to cushion the global economy from the impact of the coronavirus pandemic and safeguard people's lives and jobs, according to conference sources.
Indonesia is set to support manufacturers with the capacity to produce the desperately needed protective gear, test kits and ventilators that are crucial in the worldwide global fight against COVID-19 as G20 nations pledge to focus on saving lives.
The government has been in a long battle to tax foreign digital companies such as Google, Facebook, Twitter and Netflix, which base their businesses in countries with low tax tariffs and profit from domestic consumers. Such a practice leads to unfair tax treatments, particularly for domestic businesses.
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