Barbados: Financial Position in the Fund
as of February 29, 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) | | RSF | Dec 07, 2022 | Dec 06, 2025 | 141.75 | 56.70 | | EFF | Dec 07, 2022 | Dec 06, 2025 | 85.05 | 42.53 | | 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 |
| 25.92 | 46.58 | 52.25 | 57.21 | 60.75 | | Charges/Interest |
| 21.42 | 27.67 | 23.89 | 19.60 | 15.39 | | Total |
| 47.34 | 74.25 | 76.14 | 76.81 | 76.14 |
| | 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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