IMF: Iraq: Financial Position in the Fund

by **RamblerNash** Tue Apr 03, 2018 11:45 pm

Iraq: Financial Position in the Fund
as of February 28, 2018

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)	3,759.36	225.95
Reserve Tranche Position	289.95	17.43

III. SDR Department:	SDR Million	%Allocation
Net cumulative allocation	1,134.50	100.00
Holdings	5.20	0.46

IV. Outstanding Purchases and Loans:	SDR Million	%Quota
Stand-by Arrangements	1,494.20	89.81
Emergency Assistance ^1/	891.30	53.57

^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):
	Forthcoming
	2018	2019	2020	2021	2022
Principal	111.41	502.53	862.26	690.23	219.08
Charges/Interest	39.54	47.75	35.58	21.01	11.42
Total	150.95	550.28	897.84	711.24	230.50
^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

http://www.imf.org/external/np/fin/tad/exfin2.aspx?memberKey1=460&date1key=2099-12-31

IMF: Iraq: Financial Position in the Fund

IMF: Iraq: Financial Position in the Fund

Iraq: Financial Position in the Fundas of February 28, 2018

Iraq: Financial Position in the Fund
as of February 28, 2018