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Credit Outstanding

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See Also:
Heavily Indebted Poor
Countries (HIPC)




Congo, Republic of: Financial Position in the Fund
as of December 31, 2003

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: July 10, 1963;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota84.60100.00
       Fund holdings of currency (Exchange Rate)94.65111.88
       Reserve Tranche Position0.540.63

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation9.72100.00
       Holdings0.434.43

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      First Credit Tranche10.5812.50
      ECF Arrangements8.349.86

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Jun 28, 1996  Jun 27, 199969.48    13.90
      Stand-By  May 27, 1994  May 26, 199523.16    12.50
      Stand-By  Aug 27, 1990  May 26, 199227.98    4.00
 1/ Formerly PRGF.

VI. Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2004  2005  2006  2007  2008 
  Principal
8.078.072.78

  Charges/Interest
0.370.240.150.150.15
   Total
8.448.312.930.150.15
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.


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.