IMF expected to complete new SDR allocation by end of August: spokesman Xinhua 26 Jun 2021, 08:49 GMT+10 WASHINGTON, June 25 (Xinhua) -- The International Monetary Fund (IMF) is expected to complete the process of a new allocation of Special Drawing Rights (SDR) by the end of August, IMF spokesman Gerry Rice said on Friday. The IMF executive board on Friday discussed a proposal for a new SDR allocation of 650 billion U.S. dollars, "the largest issuance in the IMF's history" aimed at helping its membership, especially the most vulnerable, overcome the COVID-19 crisis, Rice said in a statement at the end of the board meeting.