G-20 finance meet ends without a communique but progress on food and energy security

Top financial officials from the Group of 20 a meeting of the G20 Finance Ministers and Central Bank Governors Meeting in Nusa Dua,Bali, Indonesia. - AP

JAKARTA, July 18 (Bloomberg): Division over Russia’s war in Ukraine meant a meeting of Group of 20 finance chiefs ended without the usual communique, though there was incremental progress on issues such as food and energy security.

While countries agreed on most of a briefer chair summary released by host nation Indonesia, which included the need to respond to the food and fuel crisis, disagreement over the root cause prevented them for a second time this year from issuing a communique.