Proposal To Establish A Resilience and Sustainability Trust

The challenges from the pandemic, spillovers from geopolitical shocks, and long-standing structural problems pose an enormous impediment for balance of payments stability and resilient and sustainable growth, especially for low-income and vulnerable middle-income countries. The $650 billion SDR allo...

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Bibliographic Details
Corporate Authors: International Monetary Fund Strategy, Policy, & Review Department, International Monetary Fund Finance Dept, International Monetary Fund Legal Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2022
Series:Policy Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:The challenges from the pandemic, spillovers from geopolitical shocks, and long-standing structural problems pose an enormous impediment for balance of payments stability and resilient and sustainable growth, especially for low-income and vulnerable middle-income countries. The $650 billion SDR allocation in August 2021 has helped support economic stability by supplementing members’ reserves. There is scope to amplify the effect of these SDRs by channeling them from countries with strong external positions to countries where the needs are the greatest
Physical Description:162 pages
ISBN:9798400207730