African ministers push for change in allocation of SDRs
Participants at the AFDB 2023 meeting: Presidential Dialogue: The Changing Global Financial Architecture and the Role of MDBs in Egypt on May 25, 2023. PHOTO | AFDB
African ministers are pushing for access to more Special Drawing Rights (SDRs) at the International Monetary Fund to deal with liquidity challenges.
The ministers gathered in Sharm el Sheikh, Egypt, this past week for the 2023 Annual Meetings of the African Development Bank Group called for channelling of SDRs to multilateral development banks.
