Special Drawing Rights
latest news & developments
G20 finance track calls for IMF reform, revitalising the World Trade Organisation, inclusive global growth
The need to ensure the independence of central banks was also one of the key recommendations from South Africa’s G20 finance track
Zambia’s debt crisis is not easy to solve
In early 2021, the country agreed to be a guinea pig for a new approach to tackle sovereign debt
Special drawing rights need to be allocated to African countries
The global community should use newly allocated special drawing rights to help African families recover stronger, smarter, sustainably and more equitably
Africa needs to reset its relationship with the IMF
The allocation of special drawing rights is based on the size of a country’s economy, which means the richest countries on the African continent will get the lion’s share
Why a trickle-down approach to vaccine access is not a viable strategy
The world cannot afford ‘safe havens’ in which the virus can thrive and evolve and threaten us all