Jakarta, 22/9/2021(ANTARA) - Indonesia will assume the Presidency of G20 in late 2021 for the first time since the forum was established in 1999. Indonesia was invited to join the forum in 2008.
Italy, the current G20 president, will hand over the presidency to Indonesia at the Rome Summit, which is scheduled on October 30-31, 2021.
Indonesia was elected to the G20 Presidency for 2022 during the G20 Summit in Riyadh, Saudi Arabia in November 2020.
It will hold the G20 Presidency, themed Recover Together, Recover Stronger to reflect the spirit of collective recovery, from December 1, 2021 till November 2022.
The Group of 20 or G20 is an international forum that brings together the worlds major economies. Its members account for more than 80 percent of global GDP (gross domestic product), 75 percent of global trade, and 60 percent of the population of the planet.
The G20 members comprise Argentina, Australia, Brazil, Canada, China, France, Germany, Japan, India, Indonesia, Italy, Mexico, Russia, South Africa, Saudi Arabia, South Korea, Turkey, the United Kingdom, the United States, and the European Union. Spain is also invited as a permanent guest.
In fact, Indonesia, the worlds fourth most populous nation, is the only ASEAN (Association of the Southeast Asian Nations) state that was invited to join as a G20 member.
To ensure the smooth and successful implementation of the G20 events that will be hosted by Indonesia next year, President Joko Widodo has issued decree No. 12 of 2021 on the National Organizing Committee (OC) of the Indonesian G20 Presidency.
The OC members include Coordinating Minister for Economic Affairs, Airlangga Hartarto, as chairman I of Sherpa Track; Minister of Foreign Affairs, Retno L. P. Marsudi, as chairman II of Sherpa Track; Minister of Finance, Sri Mulyani Indrawati, as chairman I of Finance Track; the Governor of Bank Indonesia as chairman II of Finance Track; Coordinating Minister for Politics, Law, and Security, Mahfud MD, as chairman of events; and Minister of Communication and Informatics, Johnny G. Plate, as chairman of communication and media for the G20 Summit.
Indonesia will have seven priority agendas for the finance track for Indonesia's G20 Presidency in 2022, according to Minister Indrawati.