Panama :Outstanding Purchases and Loans
as of December 31, 1998

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(in SDRs)

Date	Stand-by/ Credit Tranche/ Emergency	Extended Fund Facility	Flexible Credit Line and Precautionary and Liquidity Line ^1/	Short-Term Liquidity Line	PRGT	RST	SAF/Trust Fund	Other	Total
December 31, 1998	85,533,750	40,000,000	0	0	0	0	0	0	125,533,750
December 31, 1997	95,393,750	10,000,000	0	0	0	0	0	0	105,393,750
December 31, 1996	86,401,250	0	4,587,500	0	0	0	0	0	90,988,750
December 31, 1995	51,426,250	0	22,937,500	0	0	0	0	0	74,363,750
December 31, 1994	54,570,000	0	36,700,000	0	0	0	0	0	91,270,000
December 31, 1993	45,616,664	0	36,700,000	0	0	0	0	0	82,316,664
December 31, 1992	43,099,998	0	36,700,000	0	0	0	0	0	79,799,998
December 31, 1991	129,332,021	0	21,362,624	0	0	0	0	0	150,694,645
December 31, 1990	169,910,470	0	21,362,624	0	0	0	0	0	191,273,094
December 31, 1989	221,831,315	0	21,362,624	0	0	0	0	0	243,193,939
December 31, 1988	221,831,315	0	21,962,624	0	0	0	0	0	243,793,939
December 31, 1987	221,831,315	0	22,073,523	0	0	0	0	0	243,904,838
December 31, 1986	244,451,247	0	44,175,000	0	0	0	0	0	288,626,247
December 31, 1985	224,455,990	0	58,900,000	0	0	0	0	0	283,355,990
December 31, 1984	217,714,512	0	58,900,000	0	0	0	0	0	276,614,512

^1/ Also includes CCFF and Buffer Stock.

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Panama: Financial Position in the Fund