International Monetary Fund
South Africa: History of Lending Commitments
as of December 31, 2023

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
Rapid Financing Instrument    Jul 27, 2020    Jul 29, 2020 3,051,200 3,051,200 2,669,800
Standby Arrangement    Nov 03, 1982    Dec 31, 1983 364,000 159,000 0
Standby Arrangement    Aug 06, 1976    Aug 05, 1977 152,000 152,000 0
Standby Arrangement    Jan 21, 1976    Aug 06, 1976 80,000 80,000 0
Standby Arrangement    Jul 06, 1961    Jul 05, 1962 75,000 0 0
Standby Arrangement    Apr 08, 1958    Apr 07, 1959 25,000 11,200 0
Total 3,747,200 3,453,400 2,669,800

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.

South Africa Financial Position in the Fund