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Thread: Iraq: Financial Position in the Fund

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    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 membersí 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

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    Re: Iraq: Financial Position in the Fund

    Thanks for the post.

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