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All posts tagged "Special Drawing Rights"

News4 years ago

Questions surround US$1bn IMF windfall’s disbursement

GOVERNMENT has not cushioned vulnerable people using dividends from a US$1 billion Special Drawing Rights (SDR) windfall from the International Monetary Fund (IMF) which Finance minister...
Business4 years ago

Zim misses out on G7 stimulus package

ZIMBABWE missed out on a G7-backed multi-billion-dollar stimulus package designed to help countries of the global South weather economic shocks caused by the Covid-19 pandemic. BERNARD...
Economy4 years ago

Special Drawing Rights not a magic bullet: World Bank

THE World Bank says Special Drawing Rights recently allocated to African countries, including Zimbabwe, are not enough to shore up their economies as the nation continues...