Review of the Fund's Strategy on Overdue Financial Obligations

Policy Papers, August 15, 2008

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Review of the Fund's Strategy on Overdue Financial Obligations

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Bibliographic details

• Published: August 15, 2008
• Series: Policy Papers
• Stock No: ISBN

Summary and purpose

• This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations.
• Publication date: August 15, 2008.

Key findings

• Total arrears to the Fund declined by SDR 552 million since the last review.
• The decline in total arrears owed to the Fund was owing largely to the clearance of arrears by Liberia in March 2008.
• Sudan’s payments in excess of its new obligations falling due to the Fund also contributed to the decline in total arrears.
• Arrears by Somalia and Zimbabwe increased further during the review period.
• The majority of the arrears to the Fund (85 percent) were to the General Resources Account (GRA).

Subject tags and coverage

• General Resources Account
• Overdue obligations
• Overdue valuation adjustments
• Poverty Reduction and Growth Facility

Review of the Fund's Strategy on Overdue Financial Obligations, August 15, 2008.

Content in this bundle

• Review of the Fund’s Strategy on Overdue Financial Obligations; August 15, 2008
  • Review of the Fund’s Strategy on Overdue Financial Obligations; August 15, 2008 (Markdown version)
  • Review of the Fund’s Strategy on Overdue Financial Obligations; August 15, 2008 (PDF)