No: 28/82/DKom
Amid increasingly complex global dynamics, G20 and BRICS countries have agreed to continue strengthening international cooperation to drive economic growth and address global imbalances. The agreement emerged during the 1st Finance Ministers and Central Bank Governors Meeting (FMCBG) under the United States G20 Presidency in 2026, held as part of the IMF-World Bank Spring Meetings in Washington DC, United States, and at the 2nd BRICS Deputies Meeting under India's Presidency in 2026 on 14-15 April 2026. The Indonesian delegation was led by Bank Indonesia Governor, Perry Warjiyo, together with Finance Minister, Purbaya Yudhi Sadewa.
Entitled 'Growth through Deregulation, Energy Abundance, and Innovation', the United States G20 Presidency in 2026 is focusing on efforts to stimulate economic growth through regulatory simplification, strengthening affordable and secure energy supply, and accelerating innovation in artificial intelligence and new technologies. In the G20 forum, Governor Perry emphasised the importance of not only considering the current account but also the financial account when assessing global imbalances, given that imbalances in the financial sector are currently considered to pose a much greater risk to global economic stability.
“Three policy responses are required to continue driving economic growth and addressing global imbalances. First, maintaining macroeconomic and financial system stability. Second, promoting structural reforms. Third, implementing open trade policies," said Governor Perry.
Furthermore, Bank Indonesia also attended the second BRICS Deputies Meeting under India's Presidency in 2026, entitled 'Building for Resilience, Innovation, Cooperation and Sustainability'. In the BRICS forum, member countries agreed to strengthen South-South cooperation to address increasing geopolitical fragmentation, limited financing and macro-financial vulnerabilities affecting emerging economies, including through the establishment of a Task Force on Growth and Development (TFGD). Moving forward, BRICS central banks agreed to continue strengthening cooperation in strategic areas, such as payment systems, artificial intelligence, cyber security and financial technology, as well as the global financial safety net, to support growth.
On the sidelines of the G20 and BRICS meetings, Governor Perry held a bilateral meeting with Federal Reserve Governor, Michael S. Barr, to discuss developments in the global economy, energy resilience and payment system digitalisation.
Jakarta, 17th April 2026
Communication Department
Anton Pitono
Director
