Before G20 Nations, Indonesia Urges Global Focus on Three Key Areas
The Deputy Governor of Bank Indonesia (BI), Filianingsih Hendarta, stated that G20 nations recognise the importance of economic stability foundations and policy certainty to drive investment, expand employment opportunities, and strengthen business growth amidst global uncertainty.
She conveyed this during the G20 Finance Ministers and Central Bank Governors Meeting (G20 FMCBG) held from 31 August to 1 September 2026 in the United States. The meeting was also attended by other Indonesian representatives, including Deputy Finance Minister Juda Agung, with the Indonesian delegation led directly by Filianingsih Hendarta.
“Economic stability and policy certainty are essential foundations for driving investment, expanding job opportunities, and strengthening business growth amidst global uncertainty,” said Filiantingih, as reported on Thursday (3/9/2026).
Bank Indonesia emphasised three critical aspects in the implementation of monetary policy amidst global uncertainty. First, maintaining anchored inflation expectations through comprehensive and forward-looking assessments. Second, ensuring that the monetary policy framework continues to adapt to increasing global financial integration and rapid digitalisation.
“These conditions further reinforce the importance of a policy mix through the synergy of monetary policy, exchange rate stabilisation, macroprudential measures, and payment systems,” she explained.
Third, strengthening clear, consistent, and credible policy communication to manage the expectations of economic actors and increase the effectiveness of monetary policy transmission.
The G20 views the global economy as remaining resilient, supported by policies that maintain macroeconomic stability and encourage growth. However, several risks still require vigilance, particularly geopolitical tensions, trade and energy supply uncertainties, inflationary pressures, high debt levels, and financial market volatility.
The G20 also encourages calibrated synergy between monetary and fiscal policies, structural reforms, increased investment and innovation, as well as the strengthening and diversification of supply chains to drive potential growth. Investment in Artificial Intelligence (AI) is also a focus for the G20 due to its potential to increase productivity and create new sources of growth.
“The use of AI needs to be supported by strengthening financial system resilience and cybersecurity,” she noted.
Furthermore, G20 nations are encouraging enhanced cooperation in several strategic areas, including global imbalances, financial literacy, addressing financial transaction fraud and scams, debt issues, and collaboration with the private sector to support stronger and more sustainable global growth. The meeting resulted in the G20 Chair’s Statement, which summarises the discussions of the G20 Finance Ministers and Central Bank Governors regarding various Finance Track priorities under the US G20 Presidency.