Zimbabwe: Financial Position in the Fund as of April 30, 2012 |
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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: September 29, 1980; | Article VIII |
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III. SDR Department: | SDR Million | %Allocation | Net cumulative allocation1/ | 272.18 | 100.00 | Holdings1/ | 93.18 | 34.23 | 1/ Excluding SDRs allocated and placed in escrow account under the Fourth Amendment of the IMF's Articles of agreement (SDR 66,402,156 ),such holdings will be available to Zimbabwe upon the settlement of all overdue obligations to the fund. |
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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) | Stand-By | Aug 02, 1999 | Oct 01, 2000 | 141.36 | 24.74 | Stand-By | Jun 01, 1998 | Jun 30, 1999 | 130.65 | 39.20 | ECF 1/ | Sep 11, 1992 | Sep 10, 1995 | 200.60 | 151.90 | 1/ Formerly PRGF. |
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VI. Overdue Obligations and Projected Payments to Fund 2/ 3/ | (SDR Million; based on existing use of resources and present holdings of SDRs): | Overdue | Forthcoming | | Apr 30, 2012 | 2012 | 2013 | 2014 | 2015 | 2016 | Principal | 69.52 |
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| Charges/Interest | 16.35 | 0.28 | 0.35 | 0.35 | 0.35 | 0.35 | Total | 85.88 | 0.28 | 0.35 | 0.35 | 0.35 | 0.35 |
| 2/ The projection of charges and interest assumes that overdue principal at the report date (if any) will remain outstanding, but forthcoming obligations will be settled on time. | 3/ Projected amounts do not include additional interest levied on overdue PRGT and RST interest (if any). |
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VII. Implementation of HIPC Initiative: Not Applicable |
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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. |
| Prepared by Finance Department |
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