BI Governor Reveals Three Policy Responses in the US G20 Presidency 2026

Jakarta (ANTARA) - Bank Indonesia Governor Perry Warjiyo has stated the need for three policy responses to continue driving economic growth and addressing global imbalances in the Finance Ministers and Central Bank Governors Meeting (FMCBG) under the United States G20 Presidency. “First, maintaining macroeconomic stability and the financial system. Second, promoting structural reforms. Third, implementing open trade policies,” said Perry, as quoted in an official statement received in Jakarta on Friday. In the G20 forum, Perry also emphasised the importance of not only focusing on the current account balance but also the financial account balance when assessing global imbalances. This is because global imbalances in the financial sector are now considered far more risky to global economic stability. The US G20 Presidency in 2026 adopts the theme “Growth through Deregulation, Energy Abundance, and Innovation”. This theme focuses on efforts to drive economic growth through regulatory simplification, strengthening affordable and secure energy supplies, and accelerating innovation in artificial intelligence and new technologies. Furthermore, BI also attended the Second Deputy-Level BRICS Meeting under India’s 2026 Presidency, which adopts the theme “Building for Resilience, Innovation, Cooperation and Sustainability”. In the BRICS forum, member countries agreed to strengthen South-South cooperation to address increasing geopolitical fragmentation, financing constraints, and macrofinancial vulnerabilities affecting developing countries, including through the establishment of the Task Force on Growth and Development (TFGD). Moving forward, BRICS central banks agreed to continue strengthening cooperation in strategic areas such as payment systems, artificial intelligence, cybersecurity and financial technology, as well as international financial safety nets to support growth. Overall, amid increasingly complex global dynamics, G20 and BRICS countries agreed to continue strengthening international cooperation to drive economic growth and address global imbalances. During the G20 and BRICS meetings, Governor Perry also attended a bilateral meeting with Federal Reserve Governor Michael S. Barr to discuss global economic developments, energy resilience, and the digitalisation of payment systems.