The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

Middle-income countries voice strong support for IMF SDR allocation-Georgieva

Contributed by NAMPA / Reuters.

WASHINGTON, April 8 (Reuters) - Middle-income countries on
Thursday expressed strong support for the International Monetary
Fund's planned $650 billion expansion of monetary reserves to
bolster their fiscal resources strained by the COVID-19
pandemic, IMF Managing Director Kristalina Georgieva said on
Thursday.
Georgieva also said that negotiating a new agreement on the
IMF's main quota resources will be difficult, but IMF member
countries are showing strong e ...

 

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