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The Rising Cost of Debt: An Obstacle to Achieving Climate and Development Goals

A new allocation of SDRs is a measure that could be taken immediately to provide relief and increase fiscal space in developing countries.

South summitUnited statesWhite houseDistrict of columbiaBoston universityUnited kingdomWorld bankSri lankaBruxelles capitaleCity ofChristian krollKenworthy philipJonathan wheatleyMerling laraGeorgieva kristialinaKristalina georgieva

SDR Allocations in the Middle East: Helpful, but No Silver Bullet

Various governments have made good use of last year’s unprecedented IMF allocation, but the Ukraine war, ongoing debt issues, and other economic problems are a reminder that the region cannot sidestep deeper reforms indefinitely.

United statesUnited kingdomSaudi arabiaOutstanding movement fromInternational monetary fundGoldman sachsArab monetary fundSpecial drawing rightsMiddle eastArab monetaryMiddle easternDrawing rights one year laterOutstanding movement from septemberCatastrophe containmentVoluntary trade agreements

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