Oct

28

2021

28

Oct

2021

Online

Promoting Equity & Accountability in IMF Special Drawing Rights

Online

Oct 28, 2021

8:00 AM (GMT-5)

Host:

International Budget Partnership

Join the International Budget Partnership and its co-sponsors for a timely virtual event on promoting accountability in the use of Special Drawing Rights (SDRs).

On August 23, 2021, the IMF allocated a historical $650 billion worth of SDRs to its member states, to help countries tackle the economic impact from COVID-19. Although SDRs allocations in many countries will be held by central banks, they have the potential to provide governments with fiscal flexibility and support priority spending in low- and middle-income countries. The decisions on how countries use their SDRs are too important to be made opaquely and without public input, especially when inequality and perceived corruption have already undermined public trust in many governments.

This event will unpack the policy implications created by the SDRs allocations and identify opportunities to promote equitable and accountable use of these funds. This event will be held in English, French and Spanish

Speakers

  • Mark Plant, Center for Global Development
  • Janet Zhou, Zimbabwe Coalition on Debt and Development
  • Andres Arauz, Center for Economic and Policy Research
  • Jane Seruwagi Nalunga, SEATINI Uganda

Co-Facilitators

  • Adil Ababou, Bill and Melinda Gates Foundation
  • Claire Schouten, International Budget Partnership

Register here

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