02/11/2021 (Agence Europe) – In Rome on 31 October, G20 leaders recorded a “global ambition” to voluntarily reallocate US$100 billion in IMF Special Drawing Rights (SDRs) to vulnerable countries whose economies have been hard hit by the Covid-19 crisis. They welcomed the reallocation pledges—which amount to $45 billion at present—as “a step”. In doing so, they recognised that the general allocation of 650 billion in SDRs, of which poor countries received the smallest share, will not be enough (see EUROPE 12823/9 and 12740/9). They committed to “strengthen [their] actions to implement the G20 Action Plan on the [UN’s] 2030 Agenda” for sustainable development “and the G20 Support to COVID-19 Response and Recovery in developing countries”. G20 communiqué: https://bit.ly/2Y7D9uu (AN)