The policy-setting body of the
"Members have made an overwhelming call to stop the war. Concerns have been voiced on the negative impact of the war, which goes beyond neighboring countries and has a global scope,"
Since the IMFC works on the basis of consensus, however, agreement cannot be reached if "one member breaks away," said Calvino, who serves as
The committee followed suit after the finance chiefs of the Group of 20 economies closed their meeting the previous day without releasing a joint statement.
Instead, the IMFC issued a chair's statement, saying the global economic recovery has slowed down due to new coronavirus variants and is now facing "a major setback from the war against
In the statement, Calvino welcomed a recent decision by the
The other 11 contributors are
==Kyodo
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