NUSA DUA, Indonesia – Indonesia on Saturday, July 16, urged G20 finance leaders to stay focused on their goals for global economic recovery, but sources said the meeting in Bali would likely end without a formal communique asIndonesian Finance Minister Sri Mulyani Indrawati, who is hosting the two-day event, is expected to issue a chair’s statement summarizing the events of the meeting instead, two sources familiar with the matter said.
Indonesian central bank governor Perry Warjiyo said on Saturday members had held fruitful discussions but that the G20 must deliver concrete results to support the global economy. Sri Mulyani had hoped delegates could bridge their differences over the war to jointly address rising commodity prices, an escalating food-security crisis and the spillover effects on the ability of low-income countries to repay debt.
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