The IMF gives Romania a 1.14 billion dollar “bonus”

The International Monetary Fund (IMF) has granted the allocation of Special Drawing Rights (XDR) in total value of 316 billion dollars, of which Romania will receive 1.14 billion.

The IMF initiated a liquidity supplementation program for all member states. This is done by increasing their money reserves, as a follow-up of the commitment the IMF made during the G20 summit in April.

Through this measure, approved on the 7^th of August, the Fund will allocate Special Drawing Rights of 250 billion $. Every country participating in the XDR Department (presently all of the 186 states) will receive an XDR equivalent to 74% of their owned quota. According to this general allocation, Romania will receive 736,7 billion XDR (approximately 1.183 billion $).