Somalia: Projected Payments to the IMF as of May 31, 2013 from January 01, 2015 to December 31, 2015 (In SDRs) Description Schedule Date Total Amount Due Net SDR Charges February 01, 2015 4,252 GRA Charges February 01, 2015 258,018 SDR Assessments April 30, 2015 262 GRA Charges May 01, 2015 249,604 Net SDR Charges May 01, 2015 4,114 SAF Interest 1/ June 30, 2015 21,918 Trust Fund Interest 1/ June 30, 2015 16,025 Net SDR Charges August 01, 2015 4,252 GRA Charges August 01, 2015 258,018 GRA Charges November 01, 2015 258,018 Net SDR Charges November 01, 2015 4,252 SAF Interest 1/ December 31, 2015 22,282 Trust Fund Interest 1/ December 31, 2015 16,290 Total for the year 2015 1,117,305 1/ On July 14, 2021, the IMF Executive Board approved a modified interest rate setting mechanism which effectively sets interest rates to zero on ECF and SCF through July 2023 and possibly longer, while the interest rate on RCF remains at zero percent, in line with the Executive Board's decision in 2015. Based on these decisions, the following interest rates are assumed beyond July 2023: 0/0/0 percent per annum for the ECF, SCF and RCF respectively. The Executive Board will review the interest rates on concessional lending by end-July 2023 and every two years thereafter. Short Description Description SAF Interest Interest- SAF SDR Assessments SDR Department - Member Assessment Net SDR Charges SDR Department - Net Charges Trust Fund Interest Interest - Trust Fund GRA Charges General Resources Account - REGULAR Charges