Philippines: Financial Position in the Fund as of December 31, 2005 |
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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, 1945; | 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 | Dec 31, 2000 | 1,020.79 | 783.23 | 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 | | | 2006 | 2007 | 2008 | 2009 | 2010 | Principal |
| 125.78 | 125.78 | 20.50 |
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| Charges/Interest |
| 12.54 | 7.23 | 3.89 | 3.52 | 3.52 | Total |
| 138.32 | 133.02 | 24.39 | 3.52 | 3.52 |
| 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 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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