IMF Special Drawing Rights: A key tool for attacking a COVID-19 financial fallout in developing countries

“Last week, we put forward a proposal for a major issuance of the IMF’s Special Drawing Rights (SDRs) as a key tool to attack the worldwide spread of the financial fallout. In essence, we proposed that IMF members agree to an allocation of the equivalent of at least $500 billion as part of the global response to the crisis.”

via Brookings Institution