IMF should issue more SDRs – Brazilian governor

Brazil’s recovery will be crucially affected by external factors, Campos Neto tells Central Banking

Roberto Campos Neto
Photo: Cacalos Garrastazu

Brazil’s central bank governor said he supports the International Monetary Fund issuing more special drawing rights (SDRs) to support low-income countries during the Covid-19 crisis.

“A new SDR allocation would embody a global community effort in such exceptional times,” governor Roberto Campos Neto said in a recent interview with Central Banking. He said this “would not solve the disruptions caused by Covid-19 on its own, but it would send a positive and welcome signal to markets, as was the

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