Additional quotes
It is important to manage the economic and financial consequences of pandemics and improve vaccine access.
We must be alert to new risks, such as inflation risk tilted to the upside.
Global coordination of policy tightening, including discussions on exit strategies, will be crucial.
During the Indonesia G20 presidency, we must strengthen global health architecture.
Separately, Indonesia’s President Joko Widodo (popularly known as Jokowi) was reported to have said that “in the current situation, it is not the time for rivalry,” in reference to the Russia-Ukraine geopolitical war.
Additional comments
We don’t need to create tension like what is going on in Ukraine.
Collaboration is key to economic recovery.
To control rising inflation, we must all work together and anticipate higher food prices.
We need to accelerate the transition to a new economy.
Reaction of the market
Reacting to the above comments, Indonesia’s rupiah has risen sharply from its six-week peak of 14,249, reached just a day earlier.
USD/IDR traded at 14,275 as of writing, an increase of 0.16%.
