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International

G20

Yellen backs new allocation of IMF's SDR currency to help poor nations

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WASHINGTON U.S. Treasury Secretary Janet Yellen on Thursday threw her support behind a new allocation of the IMF's own currency, or Special Drawing Rights, but said broad parameters were needed to boost transparency on how the reserves are used and traded.

UPDATE 3-Yellen backs new allocation of IMF's SDR currency to help poor nations

* Yellen calls for more transparency on how reserves are used

Currencies, Bonds, Markets 1:52pm EST

G20 needs to deliver $650 billion IMF boost, extend debt relief: campaigners

LONDON The 20 biggest economies need to back a $650 billion boost to the International Monetary Fund's currency, reallocate existing reserves and extend debt payment relief to the poorest nations, former policymakers and poverty campaigners said.

11:18am EST

G20 needs to deliver $650 bln IMF boost, extend debt relief - campaigners

LONDON, Feb 25 The 20 biggest economies need to back a $650 billion boost to the International Monetary Fund's currency, reallocate existing reserves and extend debt payment relief to the poorest nations, former policymakers and poverty campaigners said.

11:08am EST

More than 200 groups urge G20 to back IMF issuance to help poor countries in pandemic

WASHINGTON Jubilee USA Network, Oxfam and 215 other civil society groups on Wednesday urged Group of 20 finance officials to back an issuance of $3 trillion of the IMF's own currency, or Special Drawing Rights, to help countries weather the COVID-19 pandemic.

Feb 24 2021

More than 200 groups urge G20 to back IMF issuance to help poor countries in pandemic

WASHINGTON, Feb 24 Jubilee USA Network, Oxfam and 215 other civil society groups on Wednesday urged Group of 20 finance officials to back an issuance of $3 trillion of the IMF's own currency, or Special Drawing Rights, to help countries weather the COVID-19 pandemic.

Healthcare, Bonds, Markets Feb 24 2021

IMF chief urges G20 action to reverse global economy's 'dangerous divergence'

WASHINGTON Group of 20 countries should take strong policy actions to reverse a "dangerous divergence" that threatens to leave most developing economies languishing for years, the head of the International Monetary Fund said in a blog on Wednesday.

Feb 24 2021

UPDATE 1-IMF chief urges G20 action to reverse global economy's 'dangerous divergence'

WASHINGTON, Feb 24 Group of 20 countries should take strong policy actions to reverse a "dangerous divergence" that threatens to leave most developing economies languishing for years, the head of the International Monetary Fund said in a blog on Wednesday.

Healthcare, Bonds, Markets Feb 24 2021

IMF chief urges strong G20 action to reverse 'dangerous divergence' in global economy

WASHINGTON, Feb 24 Group of 20 countries should take strong policy actions to reverse a "dangerous divergence" that threatens to leave most developing economies languishing for years, the head of the International Monetary Fund said in a blog on Wednesday.

Bonds, Markets, Healthcare Feb 24 2021

IMF, Ethiopia agree framework for loan deal reviews

NAIROBI The International Monetary Fund said on Tuesday it had agreed a blueprint for the completion of reviews of Ethiopia's loan programme, taking account of the impact of the coronavirus and the country's "domestic security situation".

Feb 24 2021