IMF Governors Approve US$650 Billion Allocation of Special Drawing Rights
The SDR is an international reserve asset created by the IMF to supplement the official reserves of its member countries.
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IMF
IMF Allocates $650 Billion for Covid Recovery
The SDR allocation is expected to boost the liquidity and reserves of all member countries. Ms. Kristalina Georgieva, Managing Director
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IMF Calls for Transparency in Covid Spending to Combat Corruption
The corruption risks must be identified and mitigated by public institutions to help advance access to safe and effective Covid-19
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UN Chief Welcomes Steps to Address Debt Crises from Covid Pandemic
The UN Secretary-General called on all stakeholders to join in a global effort to rethink the principles underpinning today’s debt
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Government Support Is Vital as Countries Race to Vaccinate: IMF
Fiscal policy should support a sustainable recovery and facilitate the transformation to a green, digital, and inclusive economy. According to
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Pandemics Can Fuel Social Unrest: IMF
Without policy measures, the Covid-19 pandemic will likely increase inequality, trigger social unrest, and lower future output in the years
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