Policy Papers

On June 15, 2026, the Managing Director of the International Monetary Fund (IMF) informed the Executive Board of the IMF regarding a general allocation of Special Drawing Rights (SDRs). The Managing Director concluded that she would not plan to make, by June 30 of this year, a proposal for the Thirteenth Basic Period (2027-2031), as there is neither a clear economic case nor the necessary support for a new allocation at present. This does not preclude the Managing Director to make a proposal, at her initiative or at the request of the Board of Governors or the Executive Board, at any time during the Thirteenth Basic Period. On June 26, 2026, the Managing Director reported her position to the Board of Governors of the IMF.