Review of the Fund's Strategy on Overdue Financial Obligations
Policy Papers, August 19, 2011
Source details
- Canonical URL
- Review of the Fund's Strategy on Overdue Financial Obligations
Other formats
Bibliographic details
- Published: August 19, 2011
- Series: Policy Papers
- Stock No: ISBN
Summary
- This paper reviews progress under the Fund’s strengthened cooperative strategy on overdue financial obligations.
- The level and structure of arrears to the Fund remained broadly unchanged since the last review.
- Total arrears to the Fund amounted to SDR 1,303.9 million at end-June 2011, a decline of about SDR 5.5 million since the last review.
- Payments to the Fund by Sudan and Zimbabwe were in excess of new obligations falling due since the last review.
- Somalia’s arrears increased further.
Key statistics and findings
- Total arrears to the Fund: SDR 1,303.9 million (at end-June 2011).
- Change since last review: decline of about SDR 5.5 million.
- Country-specific developments:
- Sudan: payments exceeded new obligations falling due since the last review.
- Zimbabwe: payments exceeded new obligations falling due since the last review.
- Somalia: arrears increased further.
Coverage and subjects
- Allocation of SDRs
- Cooperation with Fund
- Executive Board decisions
- Lapse of time approval
- Overdue obligations
- Rights accumulation program
- Somalia
- Sudan
- Zimbabwe
Publication metadata
- Publication title: Review of the Fund's Strategy on Overdue Financial Obligations
- Publication date on page: August 19, 2011
Source: Review of the Fund's Strategy on Overdue Financial Obligations (IMF web landing page).
Content in this bundle
- Review of the Fund’s Strategy on Overdue Financial Obligations; IMF Policy Papers; August 19, 2011