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Tag "SDRs"

Akinwumi Adesina: IMF’s SDR allocation will boost finances of developing countries

    Akinwumi Adesina: IMF’s SDR allocation will boost finances of developing countries

Akinwumi Adesina, president of the African Development Bank (AfDB), says the International Monetary Fund (IMF) $650 billion special drawing rights (SDRs) will boost the reserves of developing countries. Adesina said

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

    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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