G-20 News

T20 urges G20 leaders to pursue inclusive economic recovery

Bali (ANTARA) – Think 20 (T20) Indonesia Senior Co-Chair Bambang Brodjonegoro, addressing the T20 Summit Plenary Session here on Monday, urged G20 leaders to push for an inclusive global economic recovery.

T20 is a cooperative forum for think tanks and researchers from G20 member countries. The Group of 20 or G20 is a multilateral cooperation group that includes 19 countries and the European Union (EU).

A stronger and inclusive global economic recovery from the effects of COVID-19 is one of the policy recommendations of the Indonesian T20 Presidency Communiqué.

In addition, Indonesia’s T20 Presidency is pushing G20 leaders to make collective efforts to restructure the global health architecture, utilize digital transformation, accelerate sustainable energy transition, and develop better cross-border cooperation.

T20 Indonesia has also encouraged the promotion of voices from countries in the southern hemisphere, most of which are developing countries, Brodjonegoro said.

Indeed, the global narrative is currently dominated by northern countries, which tends to suit developed countries.

Improving the representation of southern countries is very important to ensure the formation of a fair global narrative acceptable to governments of all types of countries, he explained.

Global issues, such as the COVID-19 pandemic, climate change and digital transformation, can occur on a scale that requires collective management, Brodjonegoro said.

In the statement, the Indonesian T20 Presidency highlighted five key policy recommendations.

These include encouraging economic recovery and resilience, accelerating zero clean emissions, regulating the public’s transformation into a digital society, making the economy more inclusive and people-centric, and reviving the world order.

These recommendations were developed through a rigorous process that involved T20 Indonesia collecting 762 policy brief summaries and producing 130 policy briefs written by more than 200 groups, he said.

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