Barbados: Financial Position in the Fund as of July 31, 2024 |
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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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I. Membership Status: Joined: December 29, 1970; | Article VIII |
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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 07, 2022 | Dec 06, 2025 | 85.05 | 56.70 | RSF | Dec 07, 2022 | Dec 06, 2025 | 141.75 | 85.05 | EFF | Oct 01, 2018 | Jun 17, 2022 | 322.00 | 322.00 |
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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 | | | 2024 | 2025 | 2026 | 2027 | 2028 | Principal |
| 17.17 | 46.58 | 52.25 | 57.21 | 60.75 | Charges/Interest |
| 15.08 | 29.71 | 26.00 | 21.80 | 17.44 | Total |
| 32.25 | 76.29 | 78.25 | 79.01 | 78.20 |
| 1/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section. |
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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 Catastrophe Containment and Relief (CCR): 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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