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10/14/2021

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting with G7 Finance Ministers and Central Bank Governors …

READOUT: Secretary of the Treasury Janet L. Yellen’s Meeting
with G7 Finance Ministers and Central Bank Governors
October 13, 2021

WASHINGTON – Secretary of the Treasury Janet L. Yellen participated in an in-person
meeting of the G7 Finance Ministers and Central Bank Governors today. G7 Finance Ministers
applauded the historic deal between 136-nations that will reshape the international tax
system and equip the global economy to meet the needs of the 21st century.
Along with her counterparts, Secretary Yellen endorsed the G7 Public Policy Principles for
Retail Central Bank Digital Currencies
digital payments

and the G7 issued an accompanying statement on

. She also expressed her strong support for e orts to channel Special

Drawing Rights (SDRs) to further support vulnerable economies, including the rapid
establishment of a new trust fund at the IMF to support economic transitions related to
pandemic preparedness and climate change. G7 Finance Ministers also discussed the
macroeconomic implications of climate change and the importance of resilient global supply
chains.
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https://home.treasury.gov/news/press-releases/jy0406

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