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Barbados: Financial Position in the Fund
as of January 31, 2024

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 29, 1970;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota94.50100.00
       IMF's Holdings of Currency (Holdings Rate)437.67463.14
       Reserve Tranche Position12.6613.40

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation154.95100.00
       Holdings62.4340.29

IV. Outstanding Purchases and Loans:SDR Million%Quota
      RSF Arrangements56.7060.00
      Extended Arrangements355.78376.48

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      EFF  Dec 07, 2022  Dec 06, 202585.05    42.53
      RSF  Dec 07, 2022  Dec 06, 2025141.75    56.70
      EFF  Oct 01, 2018  Jun 17, 2022322.00    322.00

VI. Overdue Obligations and Projected Payments to Fund  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2024  2025  2026  2027  2028 
  Principal
25.9246.5852.2557.2160.75
  Charges/Interest
27.4727.2723.5019.2315.03
   Total
53.3973.8675.7576.4475.78

1/ 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.