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ECLAC Chief Welcomes IMF Special Drawing Rights for Caribbean Countries

SANTIAGO, – The Executive Director of the Economic Commission for Latin America and the Caribbean (ECLAC), Alicia Bárcena, has hailed as “a much welcome and needed initiative” the recent call to action by the US Secretary of the Treasury, Janet Yellen, to the Group of 20 (G-20) of the world’s industrialized powers for a new issue of International Monetary Fund (IMF) Special Drawing Rights (SDRs), which the G-20 recently approved, and the re-allocation of excess SDRs to low-income countries (LICs), such as those in the Caribbean.

Alicia Bárcena,
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