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

July 12, 2021

Preview Citation

Format: Chicago

International Monetary Fund. "Allocation of Special Drawing Rights For The Eleventh Basic Period: Draft Executive Board Decision and Managing Director Report to the Board of Governors", Policy Papers 2021, 050 (2021), accessed 12/5/2025, https://doi.org/10.5089/9781513585970.007

Export Citation

  • ProCite
  • RefWorks
  • Reference Manager
  • BibTex
  • Zotero
  • EndNote

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.

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

Keywords: allocation of special drawing rights, COVID-19, Global, participants SDR holding, Reserve assets, SDR allocation, SDR reporting, trading market