IMF Finances

Transactions with
the Fund


Credit Outstanding

Projected Payments

IMF Members'
Financial Data by
Country




Philippines: Financial Position in the Fund
as of December 31, 2007

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 27, 1945;Article VIII

  II. General Resources Account:SDR Million%Quota
       Quota879.90100.00
       Fund holdings of currency (Exchange Rate)792.3190.05
       Reserve Tranche Position87.609.96

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation116.60100.00
       Holdings0.470.40

 IV. Outstanding Purchases and Loans:   None

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Apr 01, 1998  Dec 31, 20001,020.79    783.23
      EFF  Jun 24, 1994  Mar 31, 1998791.20    791.20
      Stand-By  Feb 20, 1991  Mar 31, 1993334.20    334.20

VI. Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2008  2009  2010  2011  2012 
  Principal





  Charges/Interest
4.084.074.074.074.07
   Total
4.084.074.074.074.07
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.


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.