About $ 275 billion of the Fund will be allocated to emerging or developing economies. Of these, about 21 billion USD will be allocated to low-income countries 9: 00/0: 00 Southern International Monetary Fund (IMF) in Washington DC. (Photo: AFP / VNA) International Monetary Fund (IMF) on August 23 announces the decision on the new joint allocation level for special withdrawal rights (SDR) worth 650 billion USD but the Governor's Council This organization has passed in early August beginning to take effect. This is said to be the biggest allocation in IMF history to support the recovery of the post-greasy. In the latest announcement, General Director IMF Kristalina Georgieva emphasized the new SDR allocation level that will help increase liquidity for the global economic system, complement the foreign exchange reserves of the countries
. The country also thinks that countries can use magnetic potential SDR to support the economy and promotes measures to respond to the current crisis.Theo IMF, SDR will be allocated to countries at the rate of current immigration insurance of each country. About 275 The fund of the Fund will be allocated to emerging or developing economies
Of these, about 21 billion USD will be allocated to low-income countries. Before that, the new SDR allocation proposal has been delayed for more than 1 year, by the US, the member state has a decision Best, rejected last year under the predecessor government. After came to power, President Joe Biden's government quickly reversed the view and expressed its support for this plan. The route between IMF and the World Bank (WB) last April, the proposal also received the extensive support of the Ministers of Finance and the Central Bank of the Central Bank of developed and new economies The world's leading floating (G20) as well as employees of other IMF member countries.SDR, international reserve fund, was founded by IMF since 1969 to supplement the official reserve of member states. IMF has allocated 204.2 billion SDR (equivalent to 293 billion USD) for member states, of which 182.6 billion SDR was allocated in 2009 after the global financial crisis. The currency of SDR G The dollar, euro, Japanese yen, pound and yuan of China ./
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