Transcription of SPECIAL REPORT
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SPECIAL REPORT
FINANCIAL ECONOMYSPECIAL REPORT > What SPECIAL drawing rights can do and what they cannot deliver> Reforms and the fate of deposits> What was wrong with the 2020 Lazard plan?> A fiscal space to breathe> No way out?> The road that was never taken> Wating for Godot> An Economist s Review of the 2022 2021- January 2022 Executive 2021-2022 SPECIAL EconomyBy Mounir RachedExplaining the rules of the IMFA nalysisWHAT SPECIAL DRAWING RIGHTS CAN DO AND WHAT THEY CANNOT DELIVEROn August 2, 2021, the International Mon-etary Fund (IMF) approved the distribution of a new package of SPECIAL Drawing Rights (SDRs) amounting to SDR 458 billion to all its member countries.
Lebanese allocation or any eventually mobilized flows through above trusts will be spent. At this point, it rather is necessary to explain the modus operandi of the IMF and the role of Lebanon as an IMF member, to clarify the picture and the impact of this distribution. The IMF was established in 1944 by 44 coun-tries. Lebanon joined in 1947.
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