Tag: SDR
IMF proposes $50bn trust fund to back low & mid-income countries
As the COVID-19 pandemic is exerting high pressure on the global economy, the International Monetary Fund (IMF) has proposed a $50 billion trust fund...
IMF plans $650bn reserves issuance for developing countries: Sources
The International Monetary Fund (IMF) is reportedly planning to create around $650 billion in additional reserve assets to support the developing economies to cope...