International Monetary Fund
Lao People's Democratic Republic: History of Lending Commitments
as of March 31, 2003

The IMF lends under concessional and non-concessional arrangements or can provide outright loans. A lending arrangement, which is similar to a line of credit, is approved by the IMF Executive Board to support a country's economic and financial program. The arrangement requires the member to observe specific terms and subject to periodic reviews in order to continue to draw upon it. An outright loan is also approved by the IMF Executive Board, however, it does not require a member to observe specific terms.


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(In Thousands of SDRs)

Facility Date of
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Credit Facility    Apr 25, 2001    Apr 24, 2004 31,700 13,590 13,590
Extended Credit Facility    Jun 04, 1993    May 07, 1997 35,190 35,190 16,422
Structural Adjustment Facility Commitment    Sep 18, 1989    Sep 17, 1992 20,510 20,510 0
Standby Arrangement    Aug 04, 1980    Aug 03, 1981 14,000 14,000 0
Total 101,400 83,290 30,012

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was drawn, or the date the disbursement expires, i.e., 60 days following the Board approval date. The expiration dates for arrangements under the GRA, PRGT, and RST reflect either the approved expiration date of the arrangement or the date the last disbursement takes place under the fully drawn arrangements.

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

Lao People's Democratic Republic Financial Position in the Fund