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World

Sunak and Yellen discuss possible new allocation of SDRs: UK treasury

  • Both agreed that a new SDR allocation could form an important part of a package of support for low-income countries and could be vital for securing a truly global recovery, the statement added.
Published March 16, 2021
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British finance minister Rishi Sunak and US Treasury Secretary Janet Yellen spoke on the phone on Monday to discuss a possible new allocation of Special Drawing Rights (SDRs), the UK treasury department said in a statement.

Both agreed that a new SDR allocation could form an important part of a package of support for low-income countries and could be vital for securing a truly global recovery, the statement added.

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