Feb 27, 2021 05:43 PM (GMT+8)
Yi Gang, governor of the people's Bank of China, attended a video conference of G20 finance ministers and central bank governors. Yi Gang pointed out that under the current situation, the G20 should continue to adhere to multilateralism and focus on three aspects. The first is to promote the general issuance of additional special drawing rights, and to lend the existing and new special drawing rights to low-income countries in an appropriate form, so as to support their economic recovery; the second is to promote all parties, especially commercial creditors, to jointly carry out debt disposal in a transparent and coordinated manner according to the principle of comparability, so as to support low-income countries to cope with the impact of the epidemic; the third is to pay attention to the economic crisis that may be caused by climate change The people's Bank of China is willing to promote green transformation with all parties through the G20 sustainable finance research group.
This text is a result of machine translation.