Panama: Financial Position in the Fund
as of December 31, 1998 |
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Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.
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| V. Latest Financial Commitments: |
Arrangements:
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| Date of | Expiration | Amount Approved | Amount Drawn | | Type | Arrangement | Date | (SDR Million) | (SDR Million) | | EFF | Dec 10, 1997 | Dec 09, 2000 | 120.00 | 40.00 | | Stand-By | Nov 29, 1995 | Mar 31, 1997 | 84.30 | 84.30 | | Stand-By | Feb 24, 1992 | Sep 23, 1994 | 74.17 | 54.57 |
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| VI. Overdue Obligations and Projected Payments to Fund 1/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | | Forthcoming | | | | 1999 | 2000 | 2001 | 2002 | 2003 | | Principal |
| 17.20 | 39.30 | 26.20 | 6.20 | 6.70 | | Charges/Interest |
| 5.90 | 4.90 | 3.40 | 2.60 | 2.40 | | Total |
| 23.10 | 44.20 | 29.60 | 8.80 | 9.10 |
| | 1/ The projection of charges and interest assumes that overdue principal at the report date (if any) will remain outstanding, but forthcoming obligations will be settled on time. |
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| VII. Implementation of HIPC Initiative: Not Applicable |
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| VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
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| IX. Implementation of Post-Catastrophe Debt Relief (PCDR): Not Applicable |
As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust. |
| | Prepared by Finance Department |
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