This week marked a significant milestone in the realm of development finance as the International Monetary Fund (IMF) greenlit the use of Special Drawing Rights (SDRs) for Hybrid capital. In our latest Insights note, we explore the key takeaways of this decision. We begin by providing a comprehensive understanding of SDRs, outline the specifics of the IMF’s approval and the AfDB and IADB proposal, and delve into the core implications of this decision.
Download the note below for detailed insights.