Special Drawing Rights (SDRs)

  • Business Briefs

    This is how Mthuli Ncube will spend the US$1bn IMF windfall

    FINANCE and Economic Development Minister Mthuli Ncube says Zimbabwe is today receiving close to US$1 billion, its allocation of Special Drawing Rights (SDRs) from the International Monetary Fund (IMF), adding that the SDRs “is just the booster this economy needs”. IMF member countries started getting their shares of the new special issue SDRs totalling about US$650 billion yesterday, and the…

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