Stereotypes die hard, and the idea that Africa is on an International Monetary Fund (IMF) drip is particularly ingrained in the collective imagination. Structural adjustment, fiscal sustainability ...

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 ...

The IMF Executive Board reached consensus on reforms of charges, surcharges, and commitment fees that will substantially reduce the cost of borrowing from the General Resources Account (GRA) at a time ...

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 ...

March 24 (Reuters) - Large emerging economic powers are pushing for an overhaul of the global monetary system to dislodge the dollar as the dominant reserve currency. China said on Monday the Special ...