Trump’s power is not absolute. It is constrained by the relative decline in US power in the world.
Articles on Special Drawing Rights
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The $33 billion that African countries received under the IMF’s special drawing rights after COVID didn’t add to their debt, came without conditions and didn’t cost donors a cent.
The IMF’s injection of US$650 billion worth of Special Drawing Rights into the global economy opens a window for African countries to reform their relationship with the fund.
The IMF loan does not impose any conditions over and above what is in South African law on how the funds can be used; it only seems to expect the country to implement policies already announced.
