Ghana: History of Lending Arrangements
as of December 31, 1996

The IMF lends under concessional and non-concessional arrangements. A lending arrangement, which is similar to a line of credit, is approved by the IMF Executive Board to support a country's adjustment program. The arrangement requires the member to observe specific terms and subject to periodic reviews in order to continue to draw upon it.


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(In Thousands of SDRs)

Facility Date of
Arrangement
Expiration
Date
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Credit Facility    Jun 30, 1995    Jun 29, 1998 164,400 54,800 54,800
Extended Credit Facility    Nov 09, 1988    Mar 05, 1992 388,550 388,550 255,325
Structural Adjustment Facility Commitment    Nov 06, 1987    Nov 09, 1988 129,858 40,900 8,180
Extended Fund Facility    Nov 06, 1987    Nov 09, 1988 245,400 97,550 17,919
Standby Arrangement    Oct 15, 1986    Oct 14, 1987 81,800 81,800 0
Standby Arrangement    Aug 27, 1984    Dec 31, 1985 180,000 180,000 0
Standby Arrangement    Aug 03, 1983    Aug 02, 1984 238,500 238,500 0
Standby Arrangement    Jan 10, 1979    Jan 09, 1980 53,000 32,000 0
Standby Arrangement    May 29, 1969    May 28, 1970 5,000 5,000 0
Standby Arrangement    May 28, 1968    May 27, 1969 12,000 12,000 0
Standby Arrangement    May 25, 1967    May 24, 1968 25,000 25,000 0
Standby Arrangement    May 17, 1966    May 16, 1967 36,400 31,400 0
Total 1,559,908 1,187,500 336,225

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

Ghana Financial Position in the Fund