JAKARTADAILY.ID - Indonesia is conducting a series of Side Events in the G20 forum, which runs parallel with the formal meetings of Finance and Central Bank Deputies (FCBD) and Finance Ministers and Central Bank Governors, during its presidency.
The side events are being held from July 11-17 in the form of seminars, workshops, and showcases, as collaboration efforts between policymakers and industry players.
"We are bringing policymakers and industry players closer to each other so that they are encouraged to work together and progressively. Such partnership is key to overcoming the challenges during the Covid-19 period and now is transferring its energy to the rest of the G20 members and beyond," says the foreword written jointly by the Governor of Bank Indonesia Perry Warjiyo and Finance Minister Sri Mulyani Indrawati.
"The side events also serve as windows for the public to access various priority agendas discussed behind the close doors of the G20 main meetings," the foreword said.
The central bank and the finance ministry are in charge of holding the 7-day side event.
There are four flagships in the side events, with the first is Policy Normalization and Its Impact on the Economy. Second, it is Advancing Digital Economy and Finance: Synergistic and Inclusive Ecosystem for Accelerated Recovery. The third is on Green-related Issues, which serves as an umbrella for green, inclusion, and Sharia financing and the fourth is on International Taxation talking about how a number of initiatives have been reforming the international tax code.
Perry and Sri Mulyani informed in the booklet that subthemes for the first topic include an exit strategy, scarring effect, policy mix, and infrastructure, where participants will be discussing how policy normalization brings new challenges to the global economy, and how policymakers are able to deal with them by employing the right dose of the policy mix.
In the second flagship, both high-level Indonesian government officials said the organizer will hold five-consecutive days of the digital economic festival (from July 11-15th).