Readout of Chancellor of the Exchequer's call with US Treasury Secretary

Monday, 15 March 2021 22:29

Chancellor of the Exchequer, Rishi Sunak and US Treasury Secretary, Janet Yellen spoke on the phone earlier this evening (Monday) to discuss a possible new allocation of Special Drawing Rights (SDRs). 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 Chancellor has previously signalled that progress on a new allocation would be a priority for the UK’s G7...Request free trial