The African Development Bank is the Best Route for Special Drawing Rights, says a New Report by Development Reimagined
May 2023: In August 2021, the International Monetary Fund (IMF) issued its largest allocation of Special Drawing Rights (SDRs) worth 650 billion USD to boost global liquidity and support member countries in their post-COVID-19 recovery. In this global allocation, the African continent as a whole received a mere 33 billion USD, or 5% of the …