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U.S. DEPARTMENT OF THE TREASURY
READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with
First Vice President of Spain and Minister for the Economy and
Digital Transformation Nadia Calviño
September 8, 2023

NEW DELHI – Today, U.S. Secretary of the Treasury Janet L. Yellen met with First Deputy Prime
Minister of Spain and IMFC chair Nadia Calviño on the sidelines of the G20 Leaders’ Summit.
Secretary Yellen emphasized the U.S. support for an equiproportional quota increase at the IMF to
return the IMF to a quota-based institution and secure its financing over the medium-term.
Secretary Yellen also discussed the importance of increasing the voice of emerging markets and
developing countries at the IMF and the need to secure the sustainability of the IMF’s Poverty
Reduction and Growth Trust.
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