Zimbabwe: Financial Position in the Fund
as of December 31, 2007 |
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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.
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| I. Membership Status: Joined: September 29, 1980; | Article VIII |
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| V. Latest Financial Arrangements: |
| 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. Projected Payments to Fund 2/ 3/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | Overdue | Forthcoming | | | Dec 31, 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | | Principal | 74.89 |
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| | Charges/Interest | 13.14 | 2.98 | 2.98 | 2.98 | 2.98 | 2.98 | | Total | 88.02 | 2.98 | 2.98 | 2.98 | 2.98 | 2.98 | | 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 interest. |
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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 |
| | Prepared by Finance Department |
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