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Azerbaijan: Financial Position in the Fund
as of August 31, 1999

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: September 18, 1992;Article XIV

II. General Resources Account:SDR Million%Quota
       Quota160.90100.00
       IMF's Holdings of Currency (Holdings Rate)382.41237.67
       Reserve Tranche Position0.010.01

III. SDR Department:SDR Million%Allocation
       Holdings0.28N/A

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Contingency and Compensatory56.3235.00
      Systemic Transformation Facility58.5036.36
      Stand-by Arrangements53.4533.22
      Extended Arrangements53.2433.09
      ECF Arrangements81.9050.90

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Dec 20, 1996  Jan 24, 200093.60    81.90
      EFF  Dec 20, 1996  Dec 19, 199958.50    53.24
      Stand-By  Nov 17, 1995  Nov 16, 199658.50    58.50

 1/ Formerly PRGF.

VI. Overdue Obligations and Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         1999  2000  2001  2002  2003 
  Principal
6.7039.0030.9037.8056.00
  Charges/Interest
2.408.607.105.904.20
   Total
9.1047.6038.0043.7060.20

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.


VII. Implementation of HIPC Initiative: Not Applicable

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI):  Not Applicable

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

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.