Special Drawing Rights

IMF policy panel endorses $650 billion increase in resources

Apr 9, 2021

The International Monetary Fund on Thursday authorised a $650 billion expansion of the 190-nation lending institution’s resources.

Major economies support $650 billion boost in IMF resources

Apr 8, 2021

Finance officials of the world’s major economies on Wednesday agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion.

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