August 2, 2021/IMF The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion) on August 2, 2021, to boost global liquidity. [1] “This is a historic decision – the largest SDR allocation in the history […]

July 30, 2021/IMF International Monetary Fund Managing Director Kristalina Georgieva announced today her intention to appoint Catriona Purfield as Director of the Fund’s Human Resources Department. Ms. Purfield, who is currently Deputy Director of the IMF’s African Department, will succeed Kalpana Kochhar, whose retirement was recently announced. She is expected […]

July 30, 2021/IMF On July 16, 2021, the Executive Board of the International Monetary Fund (IMF) discussed a paper proposing a strategy to help members address climate change-related policy challenges. The paper highlights macro-critical climate-related policy challenges that will confront all IMF members in the coming years and decades. For […]