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Jamaica: Financial Position in the Fund
as of May 31, 2020

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: February 21, 1963;Article VIII

II. General Resources Account:SDR Million%Quota
       Quota382.90100.00
       IMF's Holdings of Currency (Holdings Rate)1,158.49302.56
       Reserve Tranche Position27.357.14

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation261.64100.00
       Holdings133.3250.95

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Emergency Assistance 1/382.90100.00
      Extended Arrangements419.99109.69

 1/ Emergency Assistance may include ENDA, EPCA, and RFI.

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      Stand-By  Nov 11, 2016  Nov 10, 20191,195.30    0.00
      EFF  May 01, 2013  Nov 10, 2016615.38    558.73
      Stand-By  Feb 04, 2010  May 03, 2012820.50    541.80

     Outright Loans:

Date ofDateAmount ApprovedAmount Drawn
TypeCommitmentDrawn/Expired(SDR Million)(SDR Million)
      RFI  May 15, 2020  May 19, 2020382.90    382.90

 1/ Undrawn outright disbursements (RFI and RCF) expire automatically 60 days following the date of commitment, i.e. Board approval date.

VI. Overdue Obligations and Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2020  2021  2022  2023  2024 
  Principal
58.2493.1293.12177.45247.47
  Charges/Interest
4.657.946.685.603.26
   Total
62.89101.0699.80183.05250.73

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.

VII. Implementation of HIPC Initiative: Not Applicable

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

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