Indonesia Ensures Agenda to Keep Running
The first high-level meeting of the G20 under Indonesia's chairmanship will take place in Washington, the United States.
Russia's presence at the finance ministers and central bank governors' forum will trigger a heated debate. Indonesia tries to ensure that all agenda items remain the subject of discussion. Russian Finance Minister Anton Siluanov and Bank of Russia Governor Elvira Nabiullina will attend a virtual meeting of G20 finance ministers and central bank governors (FMCBG). A number of Russian technical officials will reportedly follow the FMCBG live in Washington. The Russian delegation will also attend the World Bank Spring Meetings which will begin in Washington. The G20 FMCBG is always held in conjunction with the World Bank Spring Meetings. Prior to last week's meeting, the Indonesian Minister of Finance Sri Mulyani and BI Governor Perry Warjiyo had attended 50 bilateral meetings with their counterparts at the G20. A number of officials from the Ministry of Finance and Bank Indonesia confirmed that the April 12 meeting was marked by criticism of Russia. A similar phenomenon is expected to repeat itself at the FMCBG in Washington. "The G20 meeting will be an event that symbolizes the division of the international community after the Russian attack," NLI Research Institute economist Tsuyoshi Ueno told Kyodonews. In fact, the debate on FMCBG will still be heated even if Russia is not present. Ministry of Finance and central bank officials will debate how to control soaring inflation and soaring commodity prices. Exporting and importing countries will have very different views on this issue.
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