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Seychelles: Financial Position in the Fund
as of October 31, 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: June 30, 1977;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota22.90100.00
       IMF's Holdings of Currency (Holdings Rate)78.49342.77
       Reserve Tranche Position3.5315.41

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation30.23100.00
       Holdings24.6381.48

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Emergency Assistance 1/22.90100.00
      Extended Arrangements36.22158.17

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

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      EFF  Jul 29, 2021  Mar 28, 202474.00    24.00
      EFF  Jun 04, 2014  Jun 03, 201711.45    11.45
      EFF  Dec 23, 2009  Dec 22, 201326.40    26.40

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn(SDR Million)(SDR Million)
      RFI  May 08, 2020  May 12, 202022.90    22.90

 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
1.563.708.4613.226.95
  Charges/Interest
0.240.870.750.450.30
   Total
1.804.579.2113.677.25

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.