Tue, 21-Oct-2025

US in no position to ask China to contribute more to G20’s debt relief plan

g20

JAKARTA: Ahead of the two-day meeting of G20 finance ministers and central bankers scheduled to be held in Jakarta on Thursday, US Treasury Secretary, Janet Yellen, reportedly called on China to be ‘more active’ in the G20 debt relief efforts. Yellen said in an interview that the G20’s Debt Service Suspension Initiative (DSSI) ‘has not … Read more

China’s finance ministry calls for better macroeconomic coordination

china

BEIJING: China has called for strengthening global cooperation in coordinating macro policies, as part of efforts to propel common development, according to the Ministry of Finance. “Major developed countries should adopt responsible macroeconomic policies and appropriately control the spillover effects,” Finance Minister Liu Kun said when attending the meeting of G20 finance ministers and central … Read more

Indonesian finance minister have to say something about climate change

Indonesian finance minister

JAKARTA – All the G20 member countries should proactively react in addressing climate change, Indonesia’s Finance Minister Sri Mulyani Indrawati said Thursday, warning that the issue poses a greater threat than the COVID-19 pandemic. The minister conveyed the message when opening the first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting that is being … Read more