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Iraq: Financial Position in the Fund
as of July 31, 2019

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 XIV

II. General Resources Account:SDR Million%Quota
       Quota1,663.80100.00
       IMF's Holdings of Currency (Holdings Rate)3,425.13205.86
       Reserve Tranche Position289.9517.43

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation1,134.50100.00
       Holdings17.641.55

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Stand-by Arrangements1,494.2089.81
      Emergency Assistance 1/557.0633.48

 1/ Emergency Assistance may include ENDA, EPCA, and RFI.

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Jul 07, 2016  Jul 06, 20193,831.00    1,494.20
      Stand-By  Feb 24, 2010  Feb 23, 20132,376.80    1,069.56
      Stand-By  Dec 19, 2007  Mar 18, 2009475.36    0.00

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn/Expired(SDR Million)(SDR Million)
      RFI  Jul 30, 2015  Aug 03, 2015891.30    891.30

 1/ Undrawn outright disbursements (RFI and RCF) expire automatically 60 days following the date of commitment, i.e. Board approval date.

VI. Overdue Obligations and Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2019  2020  2021  2022  2023 
  Principal
279.70862.26690.23219.08
  Charges/Interest
26.2839.9724.0213.5211.19
   Total
305.98902.23714.24232.5911.19

2/ 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 Catastrophe Containment and Relief (CCR):  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

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