26.05.2009 - Sub-Saharan Africa to receive $10 bln in SDRs-IMF

From Reuters: Sub-Saharan Africa will receive around $10 billion from the IMF in Special Drawing Rights (SDRs) to help its economies weather the global financial crisis, the Fund's chief Dominique Strauss-Kahn said on Monday. As part of a $1.1 trillion deal to combat the world economic downturn agreed at April's G20 summit, the IMF will issue $250 billion worth of SDRs, which can be used to boost foreign currency reserves.......Full Article: Source

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