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Restrepo Says Nation Plans to Use IMF SDRs to Fund 2022 Budget

COLOMBIA
  • Colombia is working with the central bank to use proceeds from the IMF's Special Drawing Rights to finance the nation's needs, Finance Minister Restrepo tells lawmakers in a debate about the 2022 budget. (BBG)
  • This comes following discussions in Mexico between the Government and the central bank over using IMF SDRs to finance debt obligations.

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