WASHINGTON, April 12 (Reuters) - Japan has pledged to
double the percentage of International Monetary Fund Special
Drawing Rights monetary reserves that it will reallocate to
poorer countries to 40%, Japanese Finance Minister Shunichi
Suzuki said on Wednesday.
Suzuki told a news conference that he made the pledge to a
meeting of G7 finance ministers and central bank governors on
Wednesday. Previously, Japan had said it would channel 20% of
the SDRs it received in a 2021 general allocation to needier
countries via IMF trust funds.
(Reporting by David Lawder; Editing by Leslie Adler)
david.lawder.thomsonreuters.com@reuters.net))
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