International Monetary Fund
Papua New Guinea: Reserve Tranche Position
from January 01, 2002 to December 31, 2002

In exchange for the reserve asset portion of its quota payment, an IMF member acquires a liquid claim on the IMF much like a demand deposit in a commercial bank. This claim is called the member's Reserve Tranche Position, and it is equal to the member's quota minus the IMF's holdings of the member's currency (excluding currency holdings that stem from the member's own use of credit). The reserve tranche position is part of the member country's external reserves.


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(in SDRs)
Date SDR Amount
 December 31, 2002         357,039
 November 30, 2002         351,744
 October 31, 2002         351,744
 September 30, 2002         333,741
 August 31, 2002         323,151
 July 31, 2002         318,915
 June 30, 2002         312,561
 May 31, 2002         312,561
 April 30, 2002         312,561
 March 31, 2002         312,562
 February 28, 2002         312,562
 January 31, 2002         299,073

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

Papua New Guinea: Financial Position in the Fund