Hill: G7 Plan to Recycle SDRs Doesn’t Go Far Enough

LITTLE ROCK, AR - Congressman French Hill (AR-02) issued the following statement today after G7 leaders expressed interest in redirecting $100 billion in newly allocated International Monetary Fund (IMF) Special Drawing Rights (SDRs) to developing countries. “After meeting with Secretary Yellen last month and urging her to focus SDRs towards the poorest countries, I am pleased that she…