IMF Finances

Transactions with
the Fund

Credit Outstanding

Projected Payments

IMF Members'
Financial Data by

Philippines: Financial Position in the Fund
as of October 31, 2013

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: December 27, 1945;Article VIII

  II. General Resources Account:SDR Million%Quota
       IMF's Holdings of Currency (Holdings Rate)686.7067.37
       Reserve Tranche Position332.6032.63
       Lending to the Fund

              New Arrangements to Borrow43.90

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation837.96100.00

 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. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
         2013  2014  2015  2016  2017 

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

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.