The SDRs, issued on August 23, are not loans, and their usage will be solely decided by the receiving countries without any conditions.
On August 2, the IMF approved the $650 billion SDR to countries as “a shot in the arm for the global economy at a time of unprecedented crisis.”
The SDR allocation will benefit all members, address the long-term global need for reserves, build confidence, and foster the resilience and stability of the global economy.
