Solomon Islands: Financial Position in the Fund

Member Financial Data

Solomon Islands: Projected Payments to the IMF
as of September 30, 2013
from January 01, 2017 to December 31, 2017

Projected charges 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.

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(in SDRs)
Description Schedule Date Total
Amount Due
PRGT Repayment (SCF)  January 06, 2017346,667
Net SDR Charges  February 01, 201789
SDR Assessments  April 30, 201756
Net SDR Charges  May 01, 201787
PRGT Repayment (SCF)  May 29, 2017346,666
PRGT Repayment (SCF)  June 01, 2017346,666
PRGT Repayment (SCF)  June 23, 2017346,666
PRGT Interest 1/  June 30, 201715,525
PRGT Repayment (SCF)  July 07, 2017346,667
Net SDR Charges  August 01, 201789
Net SDR Charges  November 01, 201789
PRGT Repayment (SCF)  November 29, 2017346,666
PRGT Repayment (SCF)  December 01, 2017346,666
PRGT Repayment (SCF)  December 22, 2017346,666
PRGT Interest 1/  December 31, 201712,283
Total for the year 20172,801,548

1/ On October 3, 2016 the IMF Executive Board approved a modified interest rate setting mechanism which effectively sets interest rates to zero on ECF and SCF through December 31, 2018 and possibly longer. The Board also decided to extend zero interest rate on ESF till end 2018 while interest rate on RCF was set to zero in July 2015. Based on these decisions and current projections of SDR rate, the following interest rates are assumed beyond 2018: projected interest charges between 2019 and 2020 are based on 0/0/0/0.25 percent per annum for the ECF, SCF, RCF and ESF, respectively, and beyond 2020 0/0.25/0/0.25 percent per annum. The Executive Board will review the interest rates on concessional lending by end-2018 and every two years thereafter.

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

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