The plan still requires final approval by the Washington-based lender’s board of governors, which is comprised of representatives from its 190 member countries — typically their finance ministers or central bank governors. “The urgency now is to accelerate the disbursement of these SDRs to forestall the current emerging market liquidity crisis devolving into an insolvency crisis,” the African finance chiefs said, calling on the IMF to outline how the rights will be dispensed and set reallocation and on-lending terms. They also want the lender to replenish its Poverty Reduction and Growth Trust, which provides support to low-income countries through interest-free loans, and other funding facilities.