The Case for A General Allocation Of SDRs during the Thirteenth Basic Period
The Case for A General Allocation Of SDRs during the Thirteenth Basic Period
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Volume/Issue:
Volume 2026
Issue 021
Publication date: July 2026
ISBN: 9798229051156
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Topics covered in this book
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Banks and Banking , Finance , SDRs , allocation , basic period , SDR allocation , article XVIII , SDRS relative , executive board concurrence , IMF staff , Sovereign debt restructuring , Reserve assets , International capital markets , Emerging and frontier financial markets , International reserves , Capital markets , International liquidity , Global , Middle East
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Summary
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.
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