×

Why the IMF is not doing enough to support Africa

President William Ruto and IMF Managing Director Kristalina Georgieva during a past meeting. [File, Standard]

At the 2021 UN Climate Summit, Barbados prime minister Mia Mottley called for more and better use of special drawing rights (SDRs), the International Monetary Fund’s reserve asset.

The special drawing right is an international reserve asset created by the IMF. It is not a currency – its value is based...