Kenya: Financial Position in the Fund as of June 30, 2020 |
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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 03, 1964; | 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 | Mar 14, 2016 | Sep 14, 2018 | 709.26 | 0.00 | SCF | Mar 14, 2016 | Mar 13, 2018 | 354.63 | 0.00 | SCF | Feb 02, 2015 | Mar 14, 2016 | 135.70 | 0.00 |
Outright Loans:
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| Date of | Date | Amount Approved | Amount Drawn | Type | Commitment | Drawn/Expired | (SDR Million) | (SDR Million) | RCF | May 06, 2020 | May 11, 2020 | 542.80 | 542.80 | 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 1/ | (SDR Million; based on existing use of resources and present holdings of SDRs): | | Forthcoming | | | 2020 | 2021 | 2022 | 2023 | 2024 | Principal |
| 48.85 | 91.19 | 50.34 | 21.58 |
| Charges/Interest |
| 0.09 | 0.19 | 0.19 | 0.19 | 0.19 | Total |
| 48.94 | 91.38 | 50.54 | 21.77 | 0.19 |
| 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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