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Iraq: Financial Position in the Fund as of April 30, 2019 DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Iraq: Financial Position in the Fund as of April 30, 2019

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Iraq: Financial Position in the Fund as of April 30, 2019 Empty Iraq: Financial Position in the Fund as of April 30, 2019

Post by RamblerNash on Tue May 14, 2019 11:11 pm

Iraq: Financial Position in the Fund

as of April 30, 2019

Summary of IMF members’ quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.

I. Membership Status: Joined: December 27, 1945;    Article XIV

II. General Resources Account:    SDR Million    %Quota
       Quota    1,663.80    100.00
       IMF's Holdings of Currency (Holdings Rate)    3,536.54    212.56
       Reserve Tranche Position    289.95    17.43

III. SDR Department:    SDR Million    %Allocation
       Net cumulative allocation    1,134.50    100.00
       Holdings    16.33    1.44

IV. Outstanding Purchases and Loans:    SDR Million    %Quota
      Stand-by Arrangements    1,494.20    89.81
      Emergency Assistance 1/    668.48    40.18
 1/ Emergency Assistance may include ENDA, EPCA, and RFI.

V. Latest Financial Arrangements:

    Date of    Expiration    Amount Approved    Amount Drawn
Type    Arrangement    Date    (SDR Million)    (SDR Million)
      Stand-By      Jul 07, 2016      Jul 06, 2019    3,831.00        1,494.20
      Stand-By      Feb 24, 2010      Feb 23, 2013    2,376.80        1,069.56
      Stand-By      Dec 19, 2007      Mar 18, 2009    475.36        0.00

VI. Overdue Obligations and Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                 2019      2020      2021      2022      2023
    391.11    862.26    690.23    219.08   
    42.37    43.62    26.52    15.26    12.76
    433.48    905.88    716.74    234.34    12.76
2/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.

VII. Implementation of HIPC Initiative: Not Applicable

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI):  Not Applicable

IX. Implementation of Catastrophe Containment and Relief (CCR):  Not Applicable

As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust.

Prepared by Finance Department


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