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Zimbabwe: Financial Position in the Fund
as of December 31, 2000

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: September 29, 1980;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota353.40100.00
       Fund holdings of currency (Exchange Rate)477.99135.25
       Reserve Tranche Position0.310.09

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation10.20100.00
       Holdings0.181.76

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements63.9418.09
      Extended Arrangements60.9517.25
      ECF Arrangements90.5225.61

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Aug 02, 1999  Oct 01, 2000141.36    24.74
      Stand-By  Jun 01, 1998  Jun 30, 1999130.65    39.20
      ECF 1/  Sep 11, 1992  Sep 10, 1995200.60    151.90
 1/ Formerly PRGF.

VI. Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2001  2002  2003  2004  2005 
  Principal
66.5373.4946.3924.074.93
  Charges/Interest
6.774.462.250.920.46
   Total
73.3077.9548.6425.005.39
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

Prepared by Finance Department

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