The Philippines is expected to have more foreign reserves once the $650-billion special drawings rights (SDR) of the International Monetary Fund (IMF) would be approved.

A sign is seen outside the headquarters of the International Monetary Fund (IMF) as the IMF and World Bank hold their Spring Meetings virtually due to the outbreak of COVID-19, known as coronavirus, in Washington, DC, April 15, 2020. / AFP / SAUL LOEB

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