Iraq: Financial Position in the Fund

http://www.imf.org/external/np/fin/tad/ ... 2010-02-25

Iraq: Financial Position in the Fund
as of January 31, 2010

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

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

II. General Resources Account: SDR Million %Quota
Quota 1,188.40 100.00
Fund holdings of currency 1,017.31 85.60
Reserve Tranche Position 171.10 14.40
Lending to the Fund

Notes Issuance

Holdings Exchange Rate

III. SDR Department: SDR Million %Allocation
Net cumulative allocation 1,134.50 100.00
Holdings 1,159.86 102.24

IV. Outstanding Purchases and Loans: None

V. Latest Financial Arrangements:

Date of Expiration Amount Approved Amount Drawn
Type Arrangement Date (SDR Million) (SDR Million)
Stand-By Dec 19, 2007 Mar 18, 2009 475.36 0.00
Stand-By Dec 23, 2005 Dec 18, 2007 475.36 0.00

VI. Projected Payments to Fund 1/
(SDR Million; based on existing use of resources and present holdings of SDRs):
Forthcoming
2010 2011 2012 2013 2014
Principal

Charges/Interest
0.08 0.08 0.08 0.08 0.08
Total
0.08 0.08 0.08 0.08 0.08
1/ 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

Prepared by Finance Department