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Tag "IMF special drawing rights"

Okonjo-Iweala asks developed nations to channel IMF’s SDR allocation to African countries

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), has asked developed countries to channel their shares of the International Monetary Fund (IMF) $650 billion special drawing rights (SDRs) to

Nigeria to get $3bn as IMF’s $650bn SDR comes into effect

Nigeria will receive $3.35 billion as its share of the International Monetary Fund (IMF) $650bn special drawing rights (SDRs) to help boost the liquidity of member countries. Kristalina Georgieva, managing

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