Jamaica: Financial Position in the Fund
as of October 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: February 21, 1963; | Article VIII |
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1/ Emergency Assistance may include ENDA, EPCA, and RFI. |
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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) | | PLL | Mar 01, 2023 | Feb 28, 2025 | 727.51 | 0.00 | | RSF | Mar 01, 2023 | Sep 04, 2024 | 574.35 | 574.35 | | Stand-By | Nov 11, 2016 | Nov 10, 2019 | 1,195.30 | 0.00 |
Outright Loans:
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| Date of | Date | Amount Approved | Amount Drawn | | Type | Commitment | Drawn/Expired | (SDR Million) | (SDR Million) | | RFI | May 15, 2020 | May 19, 2020 | 382.90 | 382.90 |
1/ Undrawn outright disbursements (RFI and RCF) expire automatically 60 days following the date of commitment, i.e. Board approval date. |
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| VI. Overdue Obligations and Projected Payments to Fund 2/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | | Forthcoming | | | | 2024 | 2025 | 2026 | 2027 | 2028 | | Principal |
| 61.13 | 124.05 | 9.44 |
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| | Charges/Interest |
| 14.01 | 49.64 | 46.67 | 46.37 | 46.39 | | Total |
| 75.14 | 173.68 | 56.11 | 46.37 | 46.39 |
| | 2/ 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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