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Ethiopia: Financial Position in the Fund
as of January 31, 1997

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.

I. Membership Status: Joined: December 27, 1945;Article XIV

II. General Resources Account:SDR Million%Quota
       Quota98.30100.00
       IMF's Holdings of Currency (Holdings Rate)91.2392.81
       Reserve Tranche Position7.087.20

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation11.16100.00
       Holdings0.131.14

IV. Outstanding Purchases and Loans:SDR Million%Quota
      SAF Loans49.4250.27
      ECF Arrangements14.7515.00

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Oct 11, 1996  Oct 10, 199988.47    14.75
      SAF  Oct 28, 1992  Nov 08, 199549.42    49.42
      Stand-By  May 08, 1981  Jun 30, 198267.50    67.50

 1/ Formerly PRGF.

VI. Overdue Obligations and Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         1997  1998  1999  2000  2001 
  Principal

2.807.109.909.90
  Charges/Interest
0.800.700.700.700.60
   Total
0.803.507.8010.6010.50

2/ 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.


VII. Implementation of HIPC Initiative: Not Applicable

VIII. Implementation of Multilateral Debt Relief Initiative (MDRI):  Not Applicable

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

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