Last week, the IMF approved the creation of the Resilience and Sustainability Trust (RST), which aims to channel up to $45 of the $650 billion of SDRs allocated by the IMF in August 2021. A new brief by Eurodad argues that the RST is an imperfect attempt to remedy the inequitable way in which SDRs have been distributed and takes stock of the limits and opportunities of rechannelling SDRs outside the IMF. In a joint CSOs letter, we also urged the IMF and the G20, to both allocate an additional US$2.5 trillion in SDRs and take several steps to reform the current and proposed systems for rechanneling them.

Read Eurodad’s report