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7/18/2022

READOUT: Secretary of the Treasury Janet L. Yellen’s Meetings with Counterparts at the G20 Finance Ministers and Ce…

U.S. DEPARTMENT OF THE TREASURY
READOUT: Secretary of the Treasury Janet L. Yellen’s Meetings
with Counterparts at the G20 Finance Ministers and Central
Bank Governors Meeting
July 16, 2022

NUSA DUA – Secretary of the Treasury Janet L. Yellen met with several counterparts on the
sidelines of the G20 Finance Ministers and Central Bank Governors Meeting; including
Australiaʼs Treasurer Jim Chalmers, Saudi Arabiaʼs Minister of Finance Mohammed AlJadaan, Singaporeʼs Deputy Prime Minister and Minister for Finance Lawrence Wong, South
Africaʼs Minister of Finance Enoch Godongwana, and Turkeyʼs Minister of Treasury
and Finance Nureddin Nebati.
In these conversations, Secretary Yellen condemned Russiaʼs unprovoked war against Ukraine,
which has caused global spillovers in food, energy, and other commodities. She also
highlighted the importance of cooperation on a price cap on Russian oil in order to restrict
revenue to Putinʼs war machine and limit the impact of Russiaʼs war on energy prices.
Secretary Yellen also noted to counterparts the importance of taking action at the G20 to
address the global food security crisis.
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https://home.treasury.gov/news/press-releases/jy0873

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