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IMF Members'
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Country




Panama: Financial Position in the Fund
as of June 30, 2021

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: March 14, 1946;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota376.80100.00
       IMF's Holdings of Currency (Holdings Rate)699.20185.56
       Reserve Tranche Position54.4114.44

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation197.01100.00
       Holdings121.3961.62

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Emergency Assistance 1/376.80100.00

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

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      PLL  Jan 19, 2021  Jan 18, 20231,884.00    0.00
      Stand-By  Jun 30, 2000  Mar 29, 200264.00    0.00
      EFF  Dec 10, 1997  Jun 29, 2000120.00    40.00

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn(SDR Million)(SDR Million)
      RFI  Apr 15, 2020  May 15, 2020376.80    376.80

 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                                      
         2021  2022  2023  2024  2025 
  Principal


94.20188.4094.20
  Charges/Interest
2.014.003.892.340.47
   Total
2.014.0098.09190.7494.67

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.