Zambia: Financial Position in the Fund
as of December 31, 1997 |
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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.
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| I. Membership Status: Joined: September 23, 1965; | Article XIV |
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| V. Latest Financial Commitments: |
Arrangements:
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| Date of | Expiration | Amount Approved | Amount Drawn | | Type | Arrangement | Date | (SDR Million) | (SDR Million) | | ECF 1/ | Dec 06, 1995 | Dec 05, 1998 | 701.68 | 661.68 | | SAF | Dec 06, 1995 | Dec 05, 1996 | 181.75 | 181.75 | | Stand-By | Feb 21, 1986 | May 15, 1987 | 229.80 | 35.00 |
1/ Formerly PRGF. |
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| VI. Overdue Obligations and Projected Payments to Fund 2/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | | Forthcoming | | | | 1998 | 1999 | 2000 | 2001 | 2002 | | Principal |
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| 166.70 | 167.70 | | Charges/Interest |
| 7.20 | 7.20 | 7.20 | 6.90 | 6.10 | | Total |
| 7.20 | 7.20 | 7.20 | 173.60 | 173.80 |
| | 2/ 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. |
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| VII. Implementation of HIPC Initiative: Not Applicable |
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| VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
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| 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 |
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