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.
2 On December 21, 2012 the IMF Board extended through December 31, 2014, the waiver of interest payments for concessional loans that was introduced on January 7, 2010. After 2014, projected interest charges are based on 0.25/0.25/0.5/0.25 percent per annum for the ECF, RCF, SCF, and ESF, respectively. The Fund will review the interest rates for all PRGT facilities by end-2014 and every two years thereafter.