IMF approves largest SDR allocation in history to boost liquidity

New Delhi, Aug 3 (UNI) In an effort to boost global liquidity amid the COVID-19 pandemic, the Board of Governors of the International Monetary Fund has approved a new general allocation of Special Drawing Rights (SDR) equivalent to 650 billion US dollars -- the largest allocation

IMF hails India's announcement of free vaccination to all

Washington, Jun 11 (UNI) The International Monetary Fund (IMF) has welcomed Indian Government's recent announcement of free vaccination to all and free ration to the poor at a time when the country is fighting the second wave of the pandemic and staring at a possible third wa