International Monetary Fund
Burundi: History of Lending Commitments
as of December 31, 1997

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    Nov 13, 1991    Nov 12, 1994 42,700 17,210 15,702
Structural Adjustment Facility Commitment    Aug 08, 1986    Aug 07, 1989 29,890 29,890 4,697
Standby Arrangement    Aug 08, 1986    Mar 31, 1988 21,000 0 0
Standby Arrangement    Jun 05, 1976    Mar 31, 1977 6,500 0 0
Standby Arrangement    Jun 08, 1970    Jun 07, 1971 1,500 1,500 0
Standby Arrangement    Apr 19, 1969    Apr 18, 1970 4,000 3,500 0
Standby Arrangement    Mar 28, 1968    Mar 27, 1969 6,000 5,000 0
Standby Arrangement    Mar 28, 1967    Mar 27, 1968 6,000 5,000 0
Standby Arrangement    Mar 28, 1966    Mar 27, 1967 5,000 3,000 0
Standby Arrangement    Jan 26, 1965    Jan 25, 1966 4,000 2,000 0
Total 126,590 67,100 20,399

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.

Burundi Financial Position in the Fund