IMF Managing Director Kristalina Georgieva The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to US$650 billion (about SDR 456 billion) on August 2, 2021, to boost global liquidity. “This is a historic decision – the largest SDR allocation in the
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Bank of Uganda’s Executive Director for Research, Dr Adam Mugume The government remains adamant about the debt burden on the country, despite now having exceeded the dreaded level of 50 % of the value of the economy (GDP), according to the latest records.The countries in East Africa agreed with the
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