AFRICA

IMF ready to pay out first $20bn in SDRs to AfDB

The African Development bank should receive $20bn in IMF SDRs in the coming months, as part of a pledge made in 2021 during the Covid-19 crisis by rich nations to reallocate the equivalent of $100bn in SDRs to African countries. [...] (154 words)
Published on 22/03/2023 at 04:40 GMT

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