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Solomon Islands: Financial Position in the Fund
as of May 31, 2022

Summary of IMF member's 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: September 22, 1978;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota20.80100.00
       IMF's Holdings of Currency (Holdings Rate)31.52151.55
       Reserve Tranche Position3.1515.14

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation29.84100.00
       Holdings20.6669.21

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Emergency Assistance 1/13.8766.68
      RCF Loans6.9333.32
      ECF Arrangements0.532.57

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

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF  Dec 07, 2012  Mar 31, 20161.04    1.04
      SCF  Dec 06, 2011  Dec 05, 20125.20    0.00
      SCF  Jun 02, 2010  Dec 01, 201112.48    12.48

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn/Expired(SDR Million)(SDR Million)
      RCF  Jun 01, 2020  Jun 03, 20206.93    6.93
      RFI  Jun 01, 2020  Jun 03, 202013.87    13.87

 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                                      
         2022  2023  2024  2025  2026 
  Principal
0.133.637.074.231.42
  Charges/Interest
0.140.280.190.090.06
   Total
0.283.917.264.321.47

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):

Date ofBoard DecisionAmount CommittedAmount Disbursed
CatastropheDate(SDR million)(SDR million)
  N/A  Apr 13, 20200.06    0.06
  N/A  Oct 02, 20200.07    0.07
  N/A  Apr 01, 20210.10    0.10
  N/A  Oct 06, 20210.06    0.06
  N/A  Dec 15, 20210.04    0.04


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.