WASHINGTON, April 12 (Reuters) - The International Monetary Fund has a goal of distributing a $650 billion allocation of Special Drawing Rights monetary reserves to member countries this summer, IMF ...

Spain champions the call to step up the impact of Special Drawing Rights (SDRs) through the International Monetary Fund (IMF) and the World Bank Group (WBG)’s enhanced framework for scaled-up climate ...

Since the August 2021 SDR allocation, the SDR interest rate has risen about 390 basis points through end-June 2023. This paper analyzes the impact of higher SDR interest rates on IMF members with ...

In August, the International Monetary Fund announced the largest allocation of Special Drawing Rights (SDRs) in its history. IMF Managing Director Kristalina Georgieva said the allocation, worth about ...

In August 2021, the International Monetary Fund issued $209 billion to developing countries in the form of special drawing rights (the IMF’s reserve asset). SDRs are much like cash, because recipient ...

A new round of IMF Special Drawing Rights (SDRs) from the IMF is the best way to enable debt-laden African countries to address the effects of climate change, according to a new report. The Growing ...

The World Bank estimates that COVID-19 could push between 143 and 163 million people into extreme poverty around the world in 2021, including nearly 50 million people in sub-Saharan Africa. And the ...

DUBAI, Dec 4 (Reuters) - Japan and France said on Monday they will support the African Development Bank (AfDB) and Inter-American Development Bank's (IDB) plan to leverage IMF Special Drawing Rights ...