Tag: Special Drawing Rights
-
IMF to give Nigeria, other African countries $33bn out of $650bn Special Drawing Rights
The International Monetary Fund (IMF) Managing Director, Ms. Kristalina Georgieva, Monetary Fund (IMF), has assured African leaders of $33 billion from the expected Special Drawing Rights (SDR) of $650 billion. She gave the assurance on Tuesday in Paris, France at the African Finance Summit hosted by French President, Emmanuel Macron, on post COVID-19 recovery. Georgieva…