Review of the Fund's Strategy on Overdue Financial Obligations
Policy Papers, August 17, 2010
Source details
- Canonical URL
- Review of the Fund's Strategy on Overdue Financial Obligations
Other formats
Bibliographic details
- Published: August 17, 2010
- Series: Policy Papers
- Stock No: ISBN
Summary
- This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations.
- Since the last review, total arrears to the Fund declined by SDR 17.5 million to SDR 1,309.5 million.
- Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations falling due.
- A decrease in Somalia’s arrears resulted from the full settlement of its overdue obligations to the SDR Department in the context of the general SDR allocation in August 2009.
Key statistics and facts
- Change in total arrears: decline of SDR 17.5 million.
- Total arrears to the Fund after change: SDR 1,309.5 million.
- Countries highlighted: Somalia, Sudan, Zimbabwe.
- Relevant date: August 17, 2010 (publication date).
- Event referenced: general SDR allocation in August 2009.
Subject areas covered
- Allocation of SDRs
- Cooperation with Fund
- Executive Board decisions
- Lapse of time approval
- Overdue obligations
- Rights accumulation program
- Country focus: Somalia, Sudan, Zimbabwe
Review of the Fund's Strategy on Overdue Financial Obligations, August 17, 2010.
Content in this bundle
- Review of the Fund’s Strategy on Overdue Financial Obligations; IMF Policy Paper; August 16, 2010