IMF Finances

Transactions with
the Fund

Credit Outstanding

Projected Payments
(Obligations Basis)
(Expectations Basis)

IMF Members'
Financial Data by

Hungary: Financial Position in the Fund
as of December 31, 2008

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: May 06, 1982;Article VIII

  II. General Resources Account:SDR Million%Quota
       IMF's Holdings of Currency (Holdings Rate)5,179.57498.80
       Reserve Tranche Position73.837.11

III. SDR Department:SDR Million%Allocation

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements4,215.00405.91

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Nov 06, 2008  Apr 05, 201010,537.50    4,215.00
      Stand-By  Mar 15, 1996  Feb 14, 1998264.18    0.00
      Stand-By  Sep 15, 1993  Dec 14, 1994340.00    56.70

VI. Overdue Obligations and Projected Payments to Fund  1/  (Expectation Basis)2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
         2009  2010  2011  2012  2013 

1/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section.

2/ This schedule presents all currently scheduled payments to the IMF, including repayment expectations and repayment obligations. The IMF Executive Board can extend repayment expectations (within predetermined limits) upon request by the debtor country if its external payments position is not strong enough to meet the expectations without undue hardship or risk, repayment schedules and IMF lending for details).

    Overdue Obligations and Projected Payments to Fund: (Obligation Basis)3
    (SDR Million; based on existing use of resources and present holdings of SDRs):

         2009  2010  2011  2012  2013 


3/ This schedule is not the currently applicable schedule of payments to the IMF. Rather, the schedule presents all payments to the IMF under the illustrative assumption that repayment expectations-except for SRF repayment expectations-would be extended to their respective obligation dates by the IMF Executive Board upon request of the debtor country (see repayment schedules and IMF lending for details). SRF repayments are thus only shown on their current expectation dates, unless already converted to an obligation date by the IMF Executive Board.

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

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