Philippines: Financial Position in the Fund
as of September 30, 1999 |
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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 27, 2045; | 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) | | Stand-By | Apr 01, 1998 | Mar 31, 2000 | 1,020.79 | 545.66 | | EFF | Jun 24, 1994 | Mar 31, 1998 | 791.20 | 791.20 | | Stand-By | Feb 20, 1991 | Mar 31, 1993 | 334.20 | 334.20 |
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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 |
| 16.80 | 6.10 | 6.10 | 313.00 | 404.70 | | Charges/Interest |
| 14.50 | 57.00 | 56.60 | 52.30 | 37.90 | | Total |
| 31.30 | 63.10 | 62.70 | 365.30 | 442.60 |
| | 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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