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IMF expected to complete new SDR allocation by end of August: spokesman

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. ....

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French Open: Daniil Medvedev surprised by Tsitsipas

World No. 2 Daniil Medvedev was surprised by the level of tennis that Stefanos Tsitsipas played on Tuesday night on Court Phillipe-Chatrier to reach the semi-fi ....

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Welcome To IANS Live - NATION - Heroin seized from Ugandan, Zambian women at Hyderabad Airport

Sleuths of DRI seized the high value narcotics from the two passengers who landed from Doha separately on Saturday and Sunday.They ....

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Welcome To IANS Live - LatestNews - Heroin seized from Ugandan, Zambian women at Hyderabad Airport

Sleuths of DRI seized the high value narcotics from the two passengers who landed from Doha separately on Saturday and Sunday.They ....

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Sri Lanka issues flood alert as heavy rains continue

Sri Lanka issues flood alert as heavy rains continue
Xinhua
05 Jun 2021, 22:30 GMT+10
COLOMBO, June 5 (Xinhua) Sri Lanka s Irrigation Department issued a flood alert in several areas of the country on Saturday, as heavy rains continued over the island country due to the onset of monsoonal showers.
The Irrigation Department said that due to the heavy rains in upper catchment areas, especially of the Kenaliya River on the outskirts of capital Colombo, a flood alert in low-lying areas had been issued.
Those living in these areas were cautioned to move to safer areas as the water levels in the Kelaniya River continued to rise. ....

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