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Treasury & Capital Markets / Covid-19
IMF approves historic US$650 billion to boost liquidity
Focus on pandemic-hit countries, over 40% of allocation for emerging and developing markets
The Asset   3 Aug 2021
To boost global liquidity, the International Monetary Fund ( IMF ) has approved a general allocation of special drawing rights ( SDRs ) equivalent to US$650 billion, with about US$275 billion of the new allocation set to go to emerging markets and developing countries, including low-income ones.
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