IMF Governors Formally Approve US$250 Billion General SDR Allocation
The general SDR allocation will be made on August 28, 2009 to IMF members that are participants in the Special Drawing Rights Department (currently all 186 members) in proportion to their existing quotas in the Fund, which are based broadly on their relative size in the global economy. The allocation will provide each participating country with SDRs in amounts equivalent to approximately 74 percent of its quota, and could increase Fund members’ total allocations to an amount equivalent to about US$283 billion, from about US$33 billion (SDR 21.4 billion).