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Yellen says to work with Italy, G20 on improving low-income country support

Treasury’s readout of Yellen’s call with Bank of Italy Governor Ignazio Visco came ahead of a virtual meeting of G20 finance ministers and central bank governors on Friday. Italian officials say they plan to press the G20 to back a new $500 billion issuance of International Monetary Fund Special Drawing Rights to aid poor countries — a move that the Trump administration had previously opposed.


Source: Economy - investing.com

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