IMF Finances
Transactions with
the Fund
Credit Outstanding
Projected Payments (Obligations Basis) (Expectations Basis)
IMF Members'
Financial Data by
Country
See Also: Heavily Indebted Poor Countries (HIPC)
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Liberia: Financial Position in the Fund as of March 31, 2008 |
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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.
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I. Membership Status: Joined: March 28, 1962; | Article XIV |
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V. Latest Financial Commitments: | Arrangements:
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| Date of | Expiration | Amount Approved | Amount Drawn | Type | Arrangement | Date | (SDR Million) | (SDR Million) | ECF 1/ | Mar 14, 2008 | Mar 13, 2011 | 239.02 | 207.26 | EFF | Mar 14, 2008 | Mar 14, 2008 | 342.77 | 342.77 | Stand-By | Dec 07, 1984 | Dec 06, 1985 | 42.78 | 8.50 | 1/ Formerly PRGF. |
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VI. Overdue Obligations and Projected Payments to Fund 1/ (Expectation Basis)3/ | (SDR Million; based on existing use of resources and present holdings of SDRs): | | Forthcoming | | | 2008 | 2009 | 2010 | 2011 | 2012 | Principal |
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| 57.13 | Charges/Interest |
| 11.41 | 15.89 | 15.90 | 15.90 | 15.53 | Total |
| 11.41 | 15.89 | 15.90 | 15.90 | 72.66 |
| 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. |
| 3/ This schedule presents all currently scheduled payments to the IMF, including repayment expectations and repayment obligations. The IMF Executive Board can extend repayment expectations (within predetermined limits) upon request by the debtor country if its external payments position is not strong enough to meet the expectations without undue hardship or risk, repayment schedules and IMF lending for details). |
| Overdue Obligations and Projected Payments to Fund: (Obligation Basis)4 | (SDR Million; based on existing use of resources and present holdings of SDRs): |
| Forthcoming | | | 2008 | 2009 | 2010 | 2011 | 2012 | Principal |
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| 28.56 | Charges/Interest |
| 11.41 | 15.89 | 15.90 | 15.90 | 15.72 | Total |
| 11.41 | 15.89 | 15.90 | 15.90 | 44.28 |
| 4/ This schedule is not the currently applicable schedule of payments to the IMF. Rather, the schedule presents all payments to the IMF under the illustrative assumption that repayment expectations-except for SRF repayment expectations-would be extended to their respective obligation dates by the IMF Executive Board upon request of the debtor country (see repayment schedules and IMF lending for details). SRF repayments are thus only shown on their current expectation dates, unless already converted to an obligation date by the IMF Executive Board. |
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VII. Implementation of HIPC Initiative: |
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| Enhanced | I. Commitment of HIPC assistance |
| Framework | Decision point date |
| Mar 2008 | Assistance committed | by all creditors (US$ Million) 1/ |
| 2,845.50 | Of which: IMF assistance (US$ million) |
| 700.20 | (SDR equivalent in millions) |
| 428.10 | Completion point date |
| Floating |
| II. Disbursement of IMF assistance (SDR Million) | Assistance disbursed to the member |
| 15.03 | Interim assistance |
| 15.03 | Completion point balance |
| -- | Additional disbursement of interest income 2/ |
| -- | Total disbursements |
| 15.03 | 1/ Assistance committed under the original framework is expressed in net present value (NPV) terms at the completion point, and assistance committed under the enhanced framework is expressed in NPV terms at the decision point. Hence these two amounts can not be added. | 2/ Under the enhanced framework, an additional disbursement is made at the completion point corresponding to interest income earned on the amount committed at the decision point but not disbursed during the interim period. |
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VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
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IX. Implementation of Post-Catastrophe Debt Relief (PCDR): Not Applicable | As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust. | _________________ | Decision point - point at which the IMF and the World Bank determine whether a country qualifies for assistance under the HIPC Initiative and decide on the amount of assistance to be committed. | Interim assistance - amount disbursed to a country during the period between decision and completion points, up to 20 percent annually and 60 percent in total of the assistance committed at the decision point (or 25 percent and 75 percent, respectively, in exceptional circumstances). | Completion point - point at which a country receives the remaining balance of its assistance committed at the decision point, together with an additional disbursement of interest income as defined in footnote 2 above. The timing of the completion point is linked to the implementation of pre-agreed key structural reforms (i.e., floating completion point). |
| Prepared by Finance Department |
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