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RPT-Japan finmin backs new SDR allocation if debt transparency is kept

Reuters logo Reuters 4/6/2021

(Repeats to attach to refiled headlines)

TOKYO, April 6 (Reuters) - Japan would agree on a new allocation of special drawing rights (SDR) as long as the International Monetary Fund and World Bank help ensure transparency in providing the increased money for poor countries, Finance Minister Taro Aso said on Tuesday.

"There would be no point to it if SDR expansion is used for paying back debts to China," Aso told reporters after a cabinet meeting. (Reporting by Tetsushi Kajimoto; Editing by Christian Schmollinger)

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