Comms minister says Malaysia has no relations with Hamas’ military wing, slams Meta for removing news reports of PM Anwar’s meeting with Palestinian politicians
The International Monetary Fund said in a statement that the move would allow member states to let their Special Drawing Rights ― international reserve assets created by the Fund ― be used by MDBs to obtain so-called “hybrid capital” instruments. The African Development Bank and the Inter-American Development Bank welcomed the IMF's decision, which they said could leverage existing SDRs up to four times their current level, helping address global challenges like climate and food security.
If that money is leveraged four times, as the IDB and the AfDB suggest, it could unlock close to $80 billion in additional lending capacity.
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