International Monetary Fund
Solomon Islands: Financial Position in the Fund

Member Financial Data



Solomon Islands: Projected Payments to the IMF
as of July 31, 2016
from January 01, 2019 to December 31, 2019



Projected charges/interest and due dates are tentative. GRA charges are due two business days following notification to members shortly after quarter end. Net SDR charges and annual SDR assessments are due on the first day after the end of the quarter and April 30, respectively. PRGT/RST interest is due promptly after the end of the quarter.

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(in SDRs)
Description Schedule Date Total
Amount Due
PRGT Repayment (SCF)  January 07, 2019346,667
PRGT Repayment (ECF)  January 10, 201914,857
Net SDR Charges  February 01, 2019677
SDR Assessments  April 30, 2019347
Net SDR Charges  May 01, 2019654
PRGT Repayment (SCF)  May 31, 2019346,666
PRGT Repayment (ECF)  June 11, 201914,857
PRGT Interest 1/  June 30, 20193,692
PRGT Repayment (SCF)  July 05, 2019346,664
PRGT Repayment (ECF)  July 10, 201914,857
PRGT Repayment (ECF)  July 16, 201914,857
Net SDR Charges  August 01, 2019677
Net SDR Charges  November 01, 2019677
PRGT Repayment (SCF)  November 29, 2019346,672
PRGT Repayment (ECF)  December 11, 201914,857
PRGT Interest 1/  December 31, 20191,933
Total for the year 20191,469,611

1/ On October 15, 2024, the IMF Executive Board approved a tiered interest rate mechanism, that would apply to all new ECF and SCF arrangements and outright disbursements under the RCF approved beginning on May 1, 2025. The interest rates on the outstanding�balances of loans under ECF and SCF arrangements, and under the RCF, approved on or after�May 1, 2025, shall be as follows: 0 percent per annum for Tier 1 members; 40 percent of SDR interest rate for Tier 2B members; 70 percent of SDR interest rate for Tier 2A members. The interest rates will remain at zero percent for loans under ECF and SCF arrangements approved prior to May 1, 2025.

Short Description Description
PRGT Repayment (SCF)Principal - Standby Credit Facility
SDR AssessmentsSDR Department - Member Assessment
Net SDR ChargesSDR Department - Net Charges
PRGT InterestInterest - PRG Trust
PRGT Repayment (ECF)Principal - Extended Credit Facility

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