In August, the International Monetary Fund announced the largest allocation of Special Drawing Rights (SDRs) in its history. IMF Managing Director Kristalina Georgieva said the allocation, worth about ...

The Central Bank of Ireland should explain why the Irish government should underwrite contributions to an IMF fund for low-income and vulnerable middle-income countries, an Oireachtas committee has ...

The new four-year Extended Fund Facility (EFF) for Ukraine from the International Monetary Fund (IMF), totaling SDR 5.94 billion (approximately $8.1 billion), includes an immediate first tranche of ...

IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...

The IMF became a major source of economic recovery financing post-COVID-19 pandemic, but repayments and interest are now tightening fiscal space across the continent Global IMF debt stood at SDR 118 ...