G20 FINANCE LEADERS IN BALI TO ADDRESS INFLATION AND THE WAR IN UKRAINE

Jul 15, 2022

By Jeremy Logan

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Top financial officials from the Group of 20 leading rich and developing nations are meeting on the Indonesian island of Bali seeking strategies to counter the repercussions from the war in Ukraine, inflation and other global crises.

Indonesian Finance Minister Sri Mulyani Indrawati began the two-day meeting Friday by urging the finance ministers, central bank chiefs and other leaders to find ways to “build bridges, not walls.”

U.S. Treasury Secretary Janet Yellen mapped out ways to fight food insecurity as millions go hungry.

The meetings in Bali follow a gathering of foreign ministers earlier this month which failed to find common ground over Russia’s war in Ukraine and its global impacts.

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