International Monetary Fund
Zambia: History of Lending Commitments
as of December 31, 2015

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    Jun 04, 2008    Jun 29, 2011 220,095 220,095 174,326
Extended Credit Facility    Jun 16, 2004    Sep 30, 2007 220,095 220,095 11,005
Extended Credit Facility    Mar 25, 1999    Mar 28, 2003 278,900 237,520 0
Extended Credit Facility    Dec 06, 1995    Dec 05, 1998 701,682 661,682 0
Structural Adjustment Facility Commitment    Dec 06, 1995    Dec 05, 1996 181,750 181,750 0
Standby Arrangement    Feb 21, 1986    May 15, 1987 229,800 35,000 0
Standby Arrangement    Jul 26, 1984    Feb 07, 1986 225,000 80,000 0
Standby Arrangement    Apr 18, 1983    Apr 17, 1984 211,500 144,000 0
Extended Fund Facility    May 08, 1981    Jul 03, 1982 800,000 300,000 0
Standby Arrangement    Apr 26, 1978    Apr 25, 1980 250,000 250,000 0
Standby Arrangement    Jul 30, 1976    Jul 29, 1977 62,000 8,500 0
Standby Arrangement    May 04, 1973    May 03, 1974 19,000 19,000 0
Total 3,399,822 2,357,642 185,331

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.

Zambia Financial Position in the Fund