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Also recently voted against loosening IP restrictions for covid vaccines while being one of the worst hit countries by Fender stevie ray vaughan blues legend shirt You’re not alone though. India voted against allocating more SDRs from IMF when the pandemic hit right before Trump’s visit here one or two years ago.IMF has this thing called Special Drawing Rights (SDRs) that they create then distribute among member countries. These countries can use these SDRs to withdraw or loan (I forget which one) money from the IMF. When the pandemic hit, developing countries were hit particularly badly for many reasons (like dependence on tourism). So there was a vote to issue more SDRs and US and India voted against it which was significant in blocking this proposal.The reasoning we gave was that these SDRs would help richer countries disproportionately. So we ended up giving everyone no money at all.
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IMF has this thing called Special Drawing Rights (SDRs) that they create then distribute among member Fender stevie ray vaughan blues legend shirt . These countries can use these SDRs to withdraw or loan (I forget which one) money from the IMF. When the pandemic hit, developing countries were hit particularly badly for many reasons (like dependence on tourism). So there was a vote to issue more SDRs and US and India voted against it which was significant in blocking this proposal.The reasoning we gave was that these SDRs would help richer countries disproportionately. So we ended up giving everyone no money at all.
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