Briefing as Indonesia G-20 finance meetings end

Financial leaders of the Group of 20 richest and biggest economies have wrapped up meetings on the Indonesian resort island of Bali without a final joint communique.

As G-20 host this year, Indonesia has sought to bridge divisions between G-20 members over Russia's invasion, but enmity over the conflict was evident even as the finance ministers and central bank chiefs appeared to concur on the urgency of global economic challenges.

Indonesian Finance Minister said that all involved agreed the meeting took place "under a very challenging and difficult situation because of the geopolitical tension."

The minister outlined a range of areas where the members did agree, including the need to improve food security, to support the creation of a funding mechanism for pandemic preparedness, prevention and responses, on working toward a global tax agreement and on facilitating financing of transitions toward cleaner energy to cope with climate change.