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the Fund


Credit Outstanding

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IMF Members'
Financial Data by
Country


See Also:
Heavily Indebted Poor
Countries (HIPC)




Guinea-Bissau: Financial Position in the Fund
as of December 31, 2008

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: March 24, 1977;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota14.20100.00
       Fund holdings of currency (Exchange Rate)17.70124.65
       Reserve Tranche Position0.050.37

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation1.21100.00
       Holdings0.054.48

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Post-Conflict Emergency Assistance3.5525.00
      ECF Arrangements2.0314.31

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Dec 15, 2000  Dec 14, 200314.20    5.08
      ECF 1/  Jan 18, 1995  Jul 24, 199810.50    10.50
      SAF  Oct 14, 1987  Oct 13, 19905.25    3.75
 1/ Formerly PRGF.

VI. Projected Payments to Fund  (without HIPC Assistance)2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2009  2010  2011  2012  2013 
  Principal
1.021.020.891.780.89
  Charges/Interest
0.090.080.070.050.02
   Total
1.101.100.961.820.90
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.

    Projected Payments to Fund: (with Board-approved HIPC Assistance)1
    (SDR Million; based on existing use of resources and present holdings of SDRs):

                                      Forthcoming                                      
         2009  2010  2011  2012  2013 
  Principal
1.021.020.891.780.89
  Charges/Interest
0.090.080.070.050.02
   Total
1.101.100.961.820.90


VII. Implementation of HIPC Initiative:


Enhanced
 I.   Commitment of HIPC assistance
 Framework
       Decision point date
Dec 2000
       Assistance committed
       by all creditors (US$ Million) 1/
416.00
             Of which: IMF assistance (US$ million)
11.91
                    (SDR equivalent in millions)       
9.20
            Completion point date
  Floating

 II.  Disbursement of IMF assistance (SDR Million)
       Assistance disbursed to the member
0.54
             Interim assistance
0.54
             Completion point balance
--
       Additional disbursement of interest income 2/
--
                  Total disbursements
0.54
1/ Assistance committed under the original framework is expressed in net present value (NPV) terms at the completion point, and assistance committed under the enhanced framework is expressed in NPV terms at the decision point. Hence these two amounts can not be added.
2/ Under the enhanced framework, an additional disbursement is made at the completion point corresponding to interest income earned on the amount committed at the decision point but not disbursed during the interim period.

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

IX. Implementation of Post-Catastrophe Debt Relief (PCDR):  Not Applicable
_________________
Decision point - point at which the IMF and the World Bank determine whether a country qualifies for assistance under the HIPC Initiative and decide on the amount of assistance to be committed.
Interim assistance - amount disbursed to a country during the period between decision and completion points, up to 20 percent annually and 60 percent in total of the assistance committed at the decision point (or 25 percent and 75 percent, respectively, in exceptional circumstances).
Completion point - point at which a country receives the remaining balance of its assistance committed at the decision point, together with an additional disbursement of interest income as defined in footnote 2 above. The timing of the completion point is linked to the implementation of pre-agreed key structural reforms (i.e., floating completion point).

Prepared by Finance Department

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