Jubilee USA Letter to G20 Calls for Quick Special Drawing Rights Allocation

Jubilee USA, working with global partners, launched an open letter to G20 Finance Ministers and the IMF calling for a quick allocation of global reserve funds – Special Drawing Rights – to support developing countries' global coronavirus crisis response and recovery efforts. 

Open Letter to G20 Finance Ministers and the IMF: Civil Society Organizations Call for Quick Special Drawing Rights Allocation

COVID-19 spurred health, social and economic crises that hit developing countries the hardest. The pandemic deepened development and inequality challenges and erased years of progress on poverty reduction and women’s rights. Countries continue to face fallen revenues, lower foreign exchange earnings and higher fiscal and debt burdens. Many of these countries cannot afford expenditures vital to bring the pandemic under control, increase social protection to survive lockdowns and prepare to recover with equity and resilience. Of the trillions spent on stimulus packages around the world so far, wealthy countries account for 88 percent, while developing countries account for the rest.

A multilateral solution is needed. One that will not push low- and middle-income economies into further debt distress. To that end, we ask that you urgently support a new allocation of IMF Special Drawing Rights (SDRs) in the amount of US$3 trillion. We believe that an allocation of this size is required to address the real needs in a decisive and sustainable way. In 2009, the international community responded to a crisis of much smaller scope and proportions with an allocation of US$250 billion in Special Drawing Rights. This initiative had a significant role in restoring market confidence and supporting global recovery. Last year, even before the scale of this crisis was clear, IMF estimates placed emerging economies’ financing needs at US$2.5 trillion.

A new and significant allocation of SDRs would enable countries to boost reserves and stabilize economies, helping to minimize other economic losses. It would free up funds urgently needed for the pandemic response, including gender-responsive public health systems, universal social protection and comprehensive vaccine rollouts. It would also provide much-needed foreign exchange resources to countries whose capacity to earn them continues to be severely constrained in the short to medium term. SDRs do not add to countries’ debt burdens, promote debt sustainability and do not represent a loss for anyone – only a gain. Importantly, they would provide a liquidity injection with economic stimulus benefits worldwide.

So far, the international financial response to the pandemic crisis fails to uphold the standard of solidarity we all should expect in the face of such threat. A new SDR allocation would send a strong signal of renewed multilateral coordination that puts life first and is within your immediate reach. We ask for your leadership in ensuring the international community rises up to this historic moment to do what is needed.



  1. Act Church of Sweden
  2. ActionAid International
  3. ADRA
  4. Africa Community Engagement
  5. Africa Faith and Justice Network
  6. Africa Intercultural Development Support Trust
  7. African Center for Economic Transformation (ACET)
  8. African Forum and Network on Debt and Development (AFRODAD)
  9. Agir ensemble pour les droits humains
  10. American Friends Service Committee
  11. Arab Watch Coalition
  12. Asia Pacific Forum on Women, Law and Development (APWLD)
  13. Asociación Ambiente y Sociedad, Colombia-LA
  14. Asociación Interamericana para la Defensa del Ambiente (AIDA)
  15. Association of Women of Southern Europe AFEM
  16. Avaaz
  17. Bretton Woods Project (BWP)
  18. CARE International
  19. Center for Democracy and Development (CDD)
  20. Center for economic and policy priorities
  21. Center for Economic and Policy Research (CEPR)
  22. Center for Economic and Social Rights (CESR)
  23. Center for Participatory Research and Development-CPRD
  24. Christian Aid
  26. COPE Cooperazione Paesi Emergenti
  27. DAWN (Development Alternatives with Women for a New Era)
  29. Documentation and Infomation Network for Indigenous peoples Sustainability (DINIPS)
  30. Dominican Leadership Conference
  31. Economic Justice Network of FOCCISA Africa
  32. Equal Asia Foundation
  33. Equidad de Género: Ciudadanía, Trabajo y Familia
  34. East African Budget Network
  35. European Network on Debt and Development (EURODAD)
  36. Feminist Task Force
  37. FOKUS – Forum for Women and Development
  39. Gender Action
  40. Gender and Development Network
  41. Gestos Brazil, Latin America
  42. Global Call to Action Against Poverty (GCAP)
  43. Global Forum of Communities Discriminated on Work and Descent (GFoD)
  44. Global Policy Forum
  45. Indigenous Peoples Global Forum for Sustainable Development, IPGFforSD (International Indigenous Platform)
  46. Initiative for Social and Economic Rights (ISER), Africa
  47. Institute for Economic Justice South Africa
  48. Institute of the Blessed Virgin Mary – Loreto Generalate
  49. Instituto de Estudos Socioeconômicos (INESC)
  50. Instituto para el desarrollo y la paz amazónica
  51. International Trade Union Confederation (ITUC)
  52. International Women’s Rights Action Watch Asia Pacific (IWRAW Asia Pacific)
  53. Jubilee Debt Campaign UK
  54. Jubilee USA Network
  55. Latin American Network for Economic and Social Rights (LATINDADD)
  56. Lithuanian NGDO Platform
  57. MY World Mexico
  58. Norwegian Church Aid Regional office in Southern Africa
  59. Observatori del Deute en la Globalització
  60. Observatorio Cidadão para Saúde
  61. Oikos – Cooperação e Desenvolvimento
  63. Public Eye
  64. Recourse, Europe
  65. Red de Justicia Fiscal de América Latina y El Caribe
  66. SERR Latin America
  67. Social Justice in Global Development
  68. Society for Conservation and Sustainability of Energy and Environment in Nigeria (SOCSEEN)/Afrihealth Optonet Association
  69. Society for International Development (SID)
  70. Southern and Eastern Africa Trade Information and Negotiations Institute
  71. Stand.earth
  72. Temple of Understanding
  73. The Human Rights and Privatization Project, NYU School of Law Center for Human Rights and Global Justice
  74. Third World Network (TWN)
  75. Tripla Difesa Onlus
  76. Uhuru Community Development Project
  77. Urgent Action Fund for Women’s Human Rights
  78. Urgewald e.V.
  79. VIVAT International
  80. WaterAid
  81. WEMOS
  82. Women Engage for a Common Future – WECF
  83. Women in Migration Network – WIMN
  84. Women’s Working Group on Financing for Development (WWG on FfD)
  85. 11.11, Belgium
  86. Abibiman Foundation, Ghana
  87. ACEP – Portugal
  88. Action Corps, United States
  89. Action Développement et Intégration Régionale, Burundi
  90. ActionAid – Sierra Leone
  91. ActionAid USA, United States
  92. Africa Global Wealth Creation, Kenya
  93. Ageing Nepal, Nepal
  94. American Federation of Labor and Congress of Industrial Organizations AFL-CIO, USA
  95. Alliance for Empowering Rural Communities, Ghana
  96. Asociación COVIDA, Colombia
  97. Association for Promotion Sustainable Development, India
  100. Association pour l’Integration et le Developpement Durable au Burundi (AIDB), Burundi
  101. Bangladesh Unnayan Parishad, Bangladesh
  102. Bread for the World – USA
  103. Bulgarian Gender Research Foundation
  104. CAFOD, United Kingdom
  105. CAFSO-WRAG for Development, Nigeria
  106. Campaign for Human Rights and Development International – Sierra Leone
  107. Carbone Guinée, Guinea
  108. Caritas – Ghana
  109. CCFD-Terre Solidaire – France
  110. CDIA, Paraguay
  111. Cedecam, Nicaragua
  112. Center for Peace Education and Community Development, Nigeria
  113. Centre for Budget and Governance Accountability, India
  114. Centre for Global Political Economy, Simon Fraser University, North America
  115. Centre for Muslim Youth In Peace And Development, Ghana
  116. Centre for Trade Policy and Development, Zambia
  117. Centro de Derechos Económicos y Sociales – CDES, Ecuador
  118. Centro de Estudios del Trabajo, Colombia
  119. Centro de Estudios Paraguayos Padre Antonio Guasch (CEPAG), Paraguay
  120. Centro de Investigación Sobre Inversión y Comercio, El Salvador
  121. CESC (civil society C. B. Center), Mozambique
  122. Civil Society Coalition on Sustainable Development, Nigeria
  123. Civil Society Education Coalition, Malawi
  124. Civil Society SDGs Campaign-GCAP, Zambia
  125. CHALLENGES International – Togo
  126. CLEAN (Coastal Livelihood and Environmental Action Network), Bangladesh
  127. CNCD-11.11.11, Belgique
  128. Comisión de Justicia Social de Chimbote, Perú
  129. Comisión Nacional de Enlace, Costa Rica
  130. Community Resource Centre Foundation, Thailand
  131. CONEYSO, Panamá
  132. Conseil des Facilitateurs des Pays des Grands Lacs, Republique Democratique du Congo
  133. CooperAcción, Peru
  134. Corporación de Investigación y Acción Social y Económica CIASE, Colombia
  135. CPM Micaela Bastidas, Peru
  136. Croatian Platform for International Citizen Solidarity – CROSOL Croatia
  137. Dalit NGO Federation, Nepal
  138. Debt Justice Norway, Norway
  139. DECIDAMOS, Paraguay
  140. Demand Progress, United States
  141. Ekumenická akademie – Chequia
  142. Emonyo Yefwe International, Kenya
  143. Equipos Docentes del Perú
  144. Erlassjahr.de / Jubilee Germany
  145. Estonian Roundtable for Development Cooperation, Estonia
  146. Excellent World Foundation, Nigeria
  147. Federation of Environmental and Ecological Diversity for Agricultural Revampment and Human Rights (FEEDAR & HR), Cameroon
  148. FOCSIV Italian Federation Christian NGOs, Italy
  149. Fondazione Pangea Onlus – Italy
  150. Fondo Semillas México
  151. Foro Social de Deuda Externa y Desarrollo de Honduras (FOSDEH), Honduras
  152. Forum de Monitoria do Orcamento, Mozambique
  153. Forum Solidaridad Perú
  154. Foundation For Sustainable Development And Climate Action (FSDCA), India
  155. FOVIDA, Peru
  156. Friends of the Earth U.S.
  157. Fundación Ambiente y Recursos Naturales (FARN), Argentina
  158. Fundación Constituyente XXI, Chile
  159. Fundación Mexicana para la Planeación Familiar, A. C. MEXFAM, México
  160. Fundación SES, Argentina
  161. Gatef organizations, Egypt
  162. GCAP Italy
  163. GCAP Sénégal
  164. GESTOS – Brazil
  165. Global Humaniste, Togo
  166. Gobierno Territorial Autonomo de la Nacion Wampis, Peru
  167. Gopal Kiran Samaj Sevi Sanstha Gwalior, India
  168. Grupo de Formación e Intervención para el Desarrollo Sostenible (GRUFIDES), Peru
  169. Halley Movement Coalition, Mauritius
  170. Hellenic Platform for Development, Greece
  171. Humanité Solidaire
  172. Institución Universitaria Colegio Mayor de Antioquia, Colombia
  173. Instituto Justiça Fiscal, Brazil
  174. Instituto Popular de Capacitación-IPC, Colombia
  175. Jamaa Resource Initiatives – Kenya
  176. Jeunesse Active de Guinee (JAG), Guinea
  177. Jubileo 2000 Red Ecuador
  178. Justice is Global, United States
  179. Kenya Small Scale Farmers Forum KESSFF, Kenya
  180. KOTHOWAIN (vulnerable peoples develpment organization) Bangladesh
  181. Ligue camerounaise des droits humains Nationale, Cameroon
  182. LINK2007 – Italy
  183. Marcha Mundial de Mujeres – Perú
  184. Maryknoll Office for Global Concerns, United States
  185. Movimiento TZUK KIM POP, Guatemala
  186. Murna Foundation, Nigeria
  188. National Campaign for Sustainable Developmen, Nepal
  189. Nawi – Afrifem Macroeconomics Collective, Kenya
  190. NRDS, Bangladesh
  192. New Generation Outreach, Kenya
  193. NGO Federation of Nepal
  194. NGO Platform on Climate Change, Mauritius
  195. Norwegian Church Aid Norway
  196. NRDS, Bangladesh
  197. N’weti, Mozambique
  198. Observatorio Mexicano de la Crisis
  199. Ohaha Family Foundation, Nigeria
  201. Pakistan Development Alliance, Pakistan
  202. People’s Health Movement, USA
  203. Philippine Rural Reconstruction Movement, Philippines
  204. PA Women’s organization Alga, Kyrgyzstan
  205. Plateforme d’Information et d’Action sur la Dette et le Développement (PIADD-Guinée)
  206. Plateforme Française Dette & Développement (PFDD), France
  207. Plateforme nationale des Citoyens Unis pour le Développement (PCUD) Nationale, Guineé
  208. Por Un Mundo Más Justo, España
  209. Psychological Responsiveness NGO, Mongolia
  210. National Coalition of Civil Society Organizations of Liberia
  211. Reacción Climática, Bolivia
  212. Red de Mujeres para el empoderamiento político y económico de la provincia de Velez, Colombia
  213. Red Dot Foundation Global, USA
  214. Red Dot Foundation, India
  215. Red Mexicana de Acción frente al Libre Comercio (RMALC), México
  216. RENICC, Nicaragua
  217. Réseau des organisations du secteur éducatifs nigeriens – Niger
  218. RGIC, Romania
  219. RIGHTS Foundation, Indonesia
  220. Robin Hood Tax, UK
  221. Rozaria Memorial Trust, Zimbabwe
  222. Rural Area Development Programme (RADP), Nepal
  223. Rural Infrastructure and Human Resource Development Organization (RIHRDO), Pakistan
  224. Rwanda Green Initiative (RGI)
  225. Sanayee Development Organization (SDO), Afghanistan
  226. SDSN Kenya Youth Initiative, Kenya
  227. Servicios Ecumenicos para Reconciliacion y Reconstruccion, United States
  228. Sisters of Charity Federation, United States
  229. Sisters of Mercy of the Americas, United States
  230. Society for Promoting Rural Education and Development ( SPREAD), India
  231. Stamp Out Poverty, United Kingdom
  232. State Employees Federation, Mauritius
  233. Tanzania coalition on debt and development, Tanzania
  234. Tax Justice Network – Africa
  235. Uganda Debt Network Uganda, East Africa
  236. WIDE, Austria
  237. Willow Empowerment for Grass Root Development Initiative, Nigeria
  238. Women Empowerment Against Poverty of Nepal (WEAPoN)
  239. Women’s Rehabilitation Centre (WOREC), Nepal
  240. Zambia Institute for Labour Research and Development (ZILARD), Zambia


  1. Alberto Arroyo Picard, Investigador jubilado Universidad Autónoma Metropolitana, México
  2. Diane Elson, Professor, University of Essex, UK
  3. Elisa Van Waeyenberge, SOAS University of London, UK
  4. Fredy Trujillo, investigador Narrativa Económica – Ecuador
  5. Gabriele Koehler, Independent development economist, UNRISD senior research fellow
  6. Gilberto Andrés García Batista, Asociación de Pedagogos de Cuba
  7. James Naughton, SOAS PhD student focused on the IMF and responses to crises in the 21st Century, SOAS, UK
  8. Jessica Dempsey, University of British Columbia, North America
  9. Learnmore Nyamudzanga, Sharlearn Research and Taxation Consultancy
  10. Machiko Nissanke, SOAS, University of London
  11. Martin S. Edwards, Associate Professor School of Diplomacy and International Relations, Seton Hall University, United States
  12. Nkolo Ayissi Ernest, Nationalité Camerounaise
  13. Oscar Ugarteche, investigador del Instituto de Investigaciones Económicas de la UNAM México
  14. Patricia Jaramillo, Universidad Nacional de Colombia