1、 https:/crsreports.congress.gov May 19, 2021International Monetary Fund: Special Drawing Rights Allocation Special Drawing Rights (SDRs) are international reserve assets created by the International Monetary Fund (IMF) to supplement member countries official foreign exchange reserves. In response to
2、 the health and economic effects of the Coronavirus Disease 2019 (COVID-19) pandemic, the G-20 finance ministers in April 2021 announced their support for an SDR allocation worth approximately $650 billion. (While the IMF has not announced an exact number, an allocation of such size would be approxi
3、mately SDR 448.5 billion). This would be the first such allocation since the global financial crisis of 2008-2009. Some Members of Congress have sponsored legislation calling for a substantially larger SDR allocation (H.R. 986; S. 67). Other Members have expressed concerns about the SDR allocation a
4、nd sponsored legislation to strengthen congressional oversight and authority over U.S. support for SDR increases (H.R. 1513; H.R. 1568). Background on SDRs Central banks and other monetary authorities use international reserve assets to: (1) supplement domestic holdings of foreign exchange reserves;
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