The IMF approved the allocation of reserve assets for a record amount

"The IMF Executive Board on August 2, 2021 approved a general allocation of special drawing rights in an amount equivalent to $ 650 billion," - said in a statement on the IMF website.

According to Kristalina Georgieva, Managing Director of the Foundation, this decision is historic.

She noted that these funds will benefit all Member States.

Earlier, the IMF Executive Board approved the expansion of the organization's funds by $ 650 billion.