US can help struggling world without costing taxpayers a dime | Opinion This Christmas, the U.S. can give the world a gift that actually meets a need. A little-known tool called Special Drawing Rights makes that possible.

Conservatives and liberals can come together around this call for #GlobalCrisisRelief in the form of international funds that don’t add to countries’ debt. Great to see high-profile Republicans taking a stand for this.

#SpecialDrawingRights #SDR

www.oklahoman.com/story/opinio...

Special drawing rights (SDRs) are a kind of global reserve currency that the International Monetary Fund (IMF) introduced back in 1969.
#finsurlog #finance #SpecialDrawingRights #SDRs
Read more at: finsurlog.com/what-is-spec...

This is so interesting! @aliciay.bsky.social's summary of the current situation of #globalhealth is highly useful. She calls for using #SpecialDrawingRights and #debt #jubilees in response to the US's sudden withdrawal from multilateralism.

#SpecialDrawingRights: Change in Balance of Payments manual would allow developed countries to rechannel unused #SDRs to developing countries as grants rather than loans. Access to fair financing requires reform of International Financial Architecture!
globalpolicy.org/en/liquidity...
#IFA #reforms

This week I talked with @cgdev and @AFRICATALYST1 about why @IMFNews #SpecialDrawingRights are needed to respond to the global crises we are facing.

We have these resources for a rainy day. It's raining!



@DaoudaSembene @MarkWPlant @AvinashPersau15

I'll be on @cnbcafrica at 3.30 CET // 2.30 UK / CAT // 9.30 EST to talk about the G20's moves on #debt relief and #SpecialDrawingRights

@ONECampaign