G20 Bali Leaders' Declaration

Delivering sustainable economic growth
Nov 21, 2022 | G20

At the closing the 2022 Summit in Bali, the G20 leaders pledged to stay agile and flexible in macro-economic policy responses and cooperation, noting the steps taken since the global financial crisis in 2008 to strengthen financial resilience and promote sustainable finance and capital flows. “We will ensure long-term fiscal sustainability, with our central banks committed to achieving price stability," the declaration said. The Leaders pledged to:: "Take action to promote food and energy security and support stability of markets, providing temporary and targeted support to cushion the impact of price increases, strengthening dialogue between producers and consumers, and increasing trade and investments for long-term food and energy security needs, resilient and sustainable food, fertilizer and energy systems". To support their collective ambition to recover together and stronger the Leaders committed to well calibrated, well-planned, and well-communicated policies to support sustainable recovery, taking account of country-specific circumstances

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