Publikationen der Stiftung → What good did the free liquidity do Jordan? Titel
Publikationen der Stiftung → What good did the free liquidity do Jordan?
Titel
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Titelaufnahme
- TitelWhat good did the free liquidity do Jordan? : the IMF's sdr bonanza
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- Umfang1 Online-Ressource (22 Seiten)
- SpracheEnglisch
- SerieStudy
- DokumenttypDruckschrift
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In 2021, the International Monetary Fund distributed free liquidity, known as Special Drawing Rights (SDRs), to all 191 member countries. The aim was to help countries face the pandemic’s socioeconomic repercussions. Out of a total of 456 billion SDRs (650 billion dollars), each country, received an amount relative to its quota in the Fund. Like for all developing countries, Jordan’s allocation was too little compared its financial needs. Jordan received a total of 468 million dollars’ worth of this SDR allocation, equivalent to 7% of its gross financial needs. This study tracks how Jordan spend this money and how transparent and inclusive the decision-making process on the spending was set up in the country.