News of special drawing rights

IMF critiqued for dropping tough loan standards for Covid funds

07-01-2022 01:59 Concerns among economists about the IMF’s current lighter conditionality have been simmering for months. They got renewed attention this week.

IMF BOOST

IMF’s special drawing rights gives boost to Central Bank reserves

23-08-2021 21:42 International Monetary Fund boost of special drawing rights lifts Argentina's Central Bank reserves to highest amount in almost three years.

IMF CASH BOOST

IMF urges US$650-billion SDR injection be directed to Covid’s hardest hit

23-08-2021 15:42 IMF's record US$650-billion resource injection comes into effect; Kristalina Georgieva urging wealthy states to direct some of allocation to countries lacking means to cope with Covid crisis.

special drawing rights

IMF officially approves increased lending capacity

02-08-2021 21:32 IMF approves increasing the institution's lending capacity by US$650 billion, last step in approving an initiative to boost aid to the most vulnerable countries.