Policy Papers

Allocation of Special Drawing Rights For The Eleventh Basic Period: Draft Executive Board Decision and Managing Director Report to the Board of Governors

Publication Date:

July 12, 2021

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

On June 25, 2021, the Executive Board discussed a staff paper setting forth the considerations underlying the case for a general allocation of special drawing rights (SDRs) of an amount equivalent to US$650 billion (about SDR 456 billion) during the Eleventh Basic Period and the key features that could be included in the Managing Director’s proposal for this general allocation.

Series:

Policy Paper No. 2021/050

Subject:

Central banks COVID-19 Health Monetary policy Political economy Reserve assets

Frequency:

occasional