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Macedonia, former Yugoslav Republic of: Financial Position in the Fund
as of December 31, 1999

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: December 14, 1992;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota68.90100.00
       Fund holdings of currency (Exchange Rate)115.72167.96
       Reserve Tranche Position0.000.00

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation8.38100.00
       Holdings0.8710.37

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements12.3817.96
      Systemic Transformation Facility20.6730.00
      Contingency and Compensatory13.7820.00
      ECF Arrangements27.2839.60

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Apr 11, 1997  Apr 10, 200054.56    27.28
      Stand-By  May 05, 1995  Jun 04, 199622.30    22.30
 1/ Formerly PRGF.

VI. Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2000  2001  2002  2003  2004 
  Principal
14.706.006.8015.6013.70
  Charges/Interest
2.301.801.601.200.70
   Total
17.007.808.4016.8014.40
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.