AfDB, others receive $20 billion IMF Special Drawing Rights approval

President of the African Development Bank Group, Dr. Akinwumi Adesina, has revealed that the International Monetary Fund (IMF) Board has approved Special Drawing Rights (SDRs) amounting to some $20 billion, which will now be rechanneled to the African Development Bank and other multilateral financial institutions.

Related Keywords

Kenya ,Nairobi ,Nairobi Area ,Ghana ,United States ,Akinwumi Adesina ,American Development Bank ,International Financial Architecture ,President Of The African Development Bank Group ,Meetings Of The African Development Bank ,International Monetary Fund ,African Development Bank ,African Development Bank Group ,Special Drawing Rights ,Annual Meetings ,Inter American Development Bank ,Global Financial ,International Financial ,