International Monetary Fund

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the Fund

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Projected Payments

IMF Members'
Financial Data by

Papua New Guinea: Financial Position in the Fund
as of March 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: October 09, 1975;Article VIII

II. General Resources Account:SDR Million%Quota
       IMF's Holdings of Currency (Holdings Rate)350.41133.13
       Reserve Tranche Position0.580.22

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation377.76100.00

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Extended Arrangements87.7433.34
      RCF Loans263.20100.00
      ECF Arrangements43.8816.67

V. Latest Financial Commitments:


Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF  Mar 22, 2023  May 21, 2026228.11    43.88
      EFF  Mar 22, 2023  May 21, 2026456.21    87.74
      Stand-By  Mar 29, 2000  Sep 28, 200185.54    85.54

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn/Expired(SDR Million)(SDR Million)
      RCF  Jun 05, 2020  Jun 09, 2020263.20    263.20

 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  1/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
         2024  2025  2026  2027  2028 


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

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