“As one of our concrete contributions, the government of Indonesia also initiated the establishment of Global Blended Financial Alliance,” Minister Suharso said. The G20 Ministers of Development will cooperate with developing countries, international organizations, multilateral development banks, and other stakeholders to have international development cooperations which cover policy research, dialogue platforms, North-South Cooperation, as well as South-South and Triangular Cooperation. G20 DMM discussed several developments focuses, from accelerating the achievement of Sustainable Development Goals, expanding innovative financing scale through blended finance, improving productivity and competitiveness of MSMEs, optimizing adaptive social protection, to transforming the economy with the implementation of green economy and blue economy through low-carbon development and climate-resilient development. This is the impression we would like to convey to the G20 Development Ministers and all delegates,” Minister Suharso said.
Achieving the transition requires strong commitment, concrete policies, and government consistency. “This shows that development achievements cannot be realized overnight.
Belitung is a representation of a process of development and tangible transition from reliance on the extractive industry, namely tin mining, to a development of an inclusive and sustainable tourism sector. The meeting also made history through the selection of Belitung as host, which was the first time for the city to hold an international meeting for ministers from 20 countries with the largest economy in the world. “This is the second time in G20 history that we can gather Ministers of Development from G20 member states, invited countries, and heads of international organizations to unite shared commitment in supporting development actions,” said Minister Suharso said in Belitung on Thursday (8 September).
Minister of National Development Planning/Head of National Development Planning Agency, Suharso Monoarfa, explained that the meeting underlined the commitment and relevance of G20 as the main forum for international economic cooperation which aims to narrow development gaps and eradicate global poverty. Belitung, Septem– The Ministry of National Development Planning/National Development Planning Agency concluded the G20 Development Ministerial Meeting (DMM) held in Belitung from September 7-9, 2022.
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