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

Published 03/15/2021, 05:02 PM
Updated 03/15/2021, 05:10 PM
© Reuters. FILE PHOTO: Rishi Sunak hosts a press conference in Downing Street

© Reuters. FILE PHOTO: Rishi Sunak hosts a press conference in Downing Street

(Reuters) - British finance minister Rishi Sunak and U.S. 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.

© Reuters. FILE PHOTO: Rishi Sunak hosts a press conference in Downing Street

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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