The President said Indonesia opened the door to cooperate with global business leaders to invest in a number of sectors, such as renewable energy and green industry, the digital economy and the global health architecure.
By
Kompas Team
·3 minutes read
Kompas/Heru Sri Kumoro
President Joko Widodo delivered his remarks at the same time opening the inception meeting of the B-20 online in Jakarta, Thursday (27/1/2022).
JAKARTA, KOMPAS — Global collaboration is needed to realize the world's economic recovery amid the lingering Covid-19 pandemic, with the Business 20 (B20) forum serving as a place for Group of 20 (G20) business community representatives to discuss ideas, take concrete actions as well as open investment opportunities to encourage inclusive and sustainable economic recovery.
During a speech at the B20 inception meeting, which was held in a hybrid format in Jakarta on Thursday (27/1/2022), President Joko “Jokowi” Widodo stated that the Covid-19 pandemic had brought both problems and opportunities. "We must use this opportunity to realize justice-based governance that provides prosperity and a more inclusive and sustainable economy," President Jokowi said from the Bogor Presidential Palace.
The President’s statement was in line with the three pillars of the G20 Presidency, namely global health architecture, digital economic transformation and the energy transition, which serve as a reference for global economic recovery as mandated in Indonesia’s G20 Presidency.
The President said Indonesia opened the door to cooperate with B20 global business leaders to invest in a number of sectors, such as renewable energy and green industry, the digital economy and the global health architecture.
Pointing to Indonesia’s large population and increasing purchasing power, Jokowi told the forum about the attractiveness of investment in the digital sector. He asserted that Indonesia paid attention to the development of digital technology, especially those that had a direct contribution to the empowerment of micro, small and medium enterprises (MSMEs) and the development of human resources.
Kompas/Heru Sri Kumoro
President Joko Widodo accompanied by the Minister of Investment/Head of the Investment Coordinating Board Bahlil Lahadalia, Chairman of Kadin Arsjad Rasjid, and Cabinet Secretary Pramono Anung attended online at the B-20 inception meeting in Jakarta, Thursday (27/1/2022).
In line with the G20 presidency’s focus on revamping global health architecture to be more inclusive and responsive to crises, the President invited the B20 community to collaboratively optimize resources, encourage innovation through financing and to push for more accessible production of vaccines, medicines and medical devices for equitable distribution. Indonesia also encouraged investment in the health sector to help meet domestic needs as well as strengthening the global health system.
"I really hope that the B20 community will provide concrete offers that can be part of the real achievements of the G20 Summit. We must orchestrate publicand private partnerships globally to provide solutions," the President said.
Former British prime minister Tony Blair said Indonesia’s G20 presidency offered a great opportunity to foster inclusive global collaboration. One aspect that he emphasized was the post-pandemic need to develop global health architecture based on scientific research. He said it would be the post-pandemic legacy of the G20 forum.
During the same event, Coordinating Economic Affairs Minister Airlangga Hartarto said the B20 forum should generate ideas that translated into concrete policies for policymakers of G20 member countries.
He hoped the B20 forum would produce recommendations for effective implementation of policies to encourage digitalization, especially for the MSME sector. (INA/WKM/DIM/AGE)
