WEST AFRICA

West Africa on lobbying spree to recover developed countries' share of IMF SDRs

With France's active support, the West African Economic and Monetary Union (WAEMU) is on a mission to obtain some of the special drawing rights (SDR) funds attributed to developed countries to offset the impact of Covid-19. Paris and Berlin have already managed to secure $40bn more for African countries. [...] (329 words)
Issue dated 30/08/2021 Reading time 2 minutes
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