IMF Finances

Transactions with
the Fund

Credit Outstanding

Projected Payments

IMF Members'
Financial Data by

Papua New Guinea: Financial Position in the Fund
as of December 31, 1997

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: October 09, 1975;Article VIII

  II. General Resources Account:SDR Million%Quota
       IMF's Holdings of Currency (Holdings Rate)130.60137.04
       Reserve Tranche Position0.050.06

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation9.30100.00

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements35.3437.08

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Jul 14, 1995  Dec 15, 199771.48    35.34
      Stand-By  Jul 31, 1991  Sep 30, 199226.36    0.00
      Stand-By  Apr 25, 1990  Jun 24, 199126.36    0.00

VI. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
         1998  1999  2000  2001  2002 
1/ 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

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.