COP28: International support grows for channeling IMF Special Drawing Rights through multilateral development banks.

December 15, 2023 AELEX Admin 0 Comments

The governments of France, Japan, Spain and the United Kingdom together with Brazil (the incoming G20 Presidency), the International Monetary Fund, the United Nations, ministers from Africa and Latin America, the Asian Development Bank and other international institutions pledged strong support for a proposal by the African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB) for the channeling of special drawing rights (SDRs) through multilateral development banks (MDBs). Read More

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