G20 Bali Summit 2022 :
The 2022 G20 Bali summit was the seventeenth meeting of Group of Twenty (G20), which was held in Nusa Dua, Bali, Indonesia on 15 to 16 November 2022. Under the Indonesian Presidency, the G20 in 2022 was focused on the theme ‘Recover Together, Recover Stronger’.
Three main pillars for its G20 2022 Presidency were namely :
Global Health Architecture
Sustainable Energy Transition
With the Bali summit ending on 16 November 2022, Indonesia handed over the G20 chairmanship to India for the year 2023. India will officially assume the presidency of the G20 from 1st December 2022.
The next summit will be held in New Delhi on 9 to10 September 2023.
G20 or Group of Twenty :
The G20 or Group of Twenty is an intergovernmental forum consisting of 19 countries and the European Union (EU). The 19 countries are Argentina, Australia, Brazil, Canada, China, Germany, France, India, Indonesia, Italy, Japan, the Republic of Korea, Mexico, the Russian Federation, Saudi Arabia, South Africa, Turkey, UK, US. G20 works to address key issues related to the global economy, such as international financial stability, climate change mitigation, and sustainable development.
The G20 was founded in 1999 in response to several world economic crises. Since 2008, it has convened at least once a year, with summits involving each member’s head of government or state, finance minister, or foreign minister, and other high-ranking officials, the EU is represented by the European Commission and the European Central Bank. Other countries, international organizations, and nongovernmental organizations are invited to attend the summits, some on a permanent basis.
|Member||Head of State||Head of Government||Ruling Party||Finance portfolio||Portfolio minister||Central bank||Central bank governor|
|Argentina||Alberto Fernández||Justicialist Party||Minister of Economy||Sergio Massa||Central Bank of the Argentine Republic||Miguel Ángel Pesce|
|Australia||Charles III||Anthony Albanese||Australian Labor Party||Treasurer||Jim Chalmers||Reserve Bank of Australia||Philip Lowe|
|Brazil||Jair Bolsonaro||Liberal Party||Minister of Economy||Paulo Guedes||Central Bank of Brazil||Roberto Campos Neto|
|Canada||Charles III||Justin Trudeau||Liberal Party of Canada||Minister of Finance||Chrystia Freeland||Bank of Canada||Tiff Macklem|
|China||Xi Jinping||Li Keqiang[d]||Chinese Communist Party||Minister of Finance||Liu Kun||People’s Bank of China||Yi Gang|
|France||Emmanuel Macron||Élisabeth Borne||Renaissance||Minister of the Economy||Bruno Le Maire||Bank of France||François Villeroy de Galhau|
|Germany||Frank-Walter Steinmeier||Olaf Scholz||Social Democratic Party of Germany||Minister of Finance||Christian Lindner||Deutsche Bundesbank||Joachim Nagel|
|India||Droupadi Murmu||Narendra Modi||Bharatiya Janata Party||Minister of Finance||Nirmala Sitharaman||Reserve Bank of India||Shaktikanta Das|
|Indonesia||Joko Widodo||Indonesian Democratic Party of Struggle||Minister of Finance||Sri Mulyani||Bank Indonesia||Perry Warjiyo|
|Italy||Sergio Mattarella||Giorgia Meloni||Brothers of Italy||Minister of Economy and Finance||Giancarlo Giorgetti||Bank of Italy||Ignazio Visco|
|Japan||Naruhito||Fumio Kishida||Liberal Democratic Party||Minister of Finance||Shunichi Suzuki||Bank of Japan||Haruhiko Kuroda|
|Mexico||Andrés Manuel López Obrador||National Regeneration Movement||Secretary of Finance and Public Credit||Rogelio Ramírez de la O||Bank of Mexico||Victoria Rodríguez Ceja|
|South Korea||Yoon Suk-yeol||People Power Party||Minister of Economy and Finance||Choo Kyung-ho||Bank of Korea||Rhee Chang-yong|
|Russia||Vladimir Putin||Mikhail Mishustin||United Russia||Minister of Finance||Anton Siluanov||Bank of Russia||Elvira Nabiullina|
|Saudi Arabia||Salman||Mohammed bin Salman||None||Minister of Finance||Mohammed Al-Jadaan||Saudi Central Bank||Fahad Almubarak|
|South Africa||Cyril Ramaphosa||African National Congress||Minister of Finance||Enoch Godongwana||South African Reserve Bank||Lesetja Kganyago|
|Turkey||Recep Tayyip Erdoğan||Justice and Development Party||Minister of Treasury and Finance||Nureddin Nebati||Central Bank of the Republic of Turkey||Şahap Kavcıoğlu|
|United Kingdom||Charles III||Rishi Sunak||Conservative and Unionist Party||Chancellor of the Exchequer||Jeremy Hunt||Bank of England||Andrew Bailey|
|United States||Joe Biden||Democratic Party||Secretary of the Treasury||Janet Yellen||Federal Reserve||Jerome Powell|
|European Union||Charles Michel||Ursula von der Leyen||Alliance of Liberals and Democrats for Europe PartyEuropean People’s Party||Commissioner for Economy||Paolo Gentiloni||European Central Bank||Christine Lagarde|