IMF, SDRs and more sabre rattling. The talk about the need for an alternative to the USD continues – or it doesn’t, depending on which Chinese official you speak to on the day ...

IMF credit is extended to its members in both currencies and SDRs. Credit extended in currencies is financed from the quota resources made available to the IMF by members, and essentially involves a ...

In August 2021, the International Monetary Fund issued $209 billion to developing countries in the form of special drawing rights (the IMF’s reserve asset). SDRs are much like cash, because recipient ...

The World Bank estimates that COVID-19 could push between 143 and 163 million people into extreme poverty around the world in 2021, including nearly 50 million people in sub-Saharan Africa. And the ...

Find out the top 10 African countries with the highest debt owed to the IMF in January 2026, including Egypt, Kenya, Tanzania ...