tranparency

Philippines to receive $2.79B worth of SDRs from IMF; Oxfam calls for transparency & redistribution for all recipient countries

August 4, 2021

Transparency and redistribution key to historic SDR allocation supporting fairer global recovery from COVID-19 — Oxfam Responding to the IMF Board of Governors’ approval of a Special Drawing Rights (SDR) allocation of $650 billion, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “New SDRs will bring much-needed liquidity to struggling developing countries without adding to […]