International Monetary Fund
Kenya: History of Lending Commitments
as of December 31, 1999

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 26, 1996    Apr 25, 1999 149,550 24,925 24,925
Extended Credit Facility    Dec 22, 1993    Dec 21, 1994 45,230 45,230 40,707
Extended Credit Facility    May 15, 1989    Mar 31, 1993 261,400 216,167 30,163
Structural Adjustment Facility Commitment    Feb 01, 1988    May 15, 1989 99,400 28,400 0
Standby Arrangement    Feb 01, 1988    May 15, 1989 85,000 62,600 0
Standby Arrangement    Feb 08, 1985    Feb 07, 1986 85,200 85,200 0
Standby Arrangement    Mar 21, 1983    Sep 20, 1984 175,950 175,950 0
Standby Arrangement    Jan 08, 1982    Jan 07, 1983 151,500 90,000 0
Standby Arrangement    Oct 15, 1980    Jan 07, 1982 241,500 90,000 0
Standby Arrangement    Aug 20, 1979    Oct 14, 1980 122,475 0 0
Standby Arrangement    Nov 13, 1978    Aug 19, 1979 17,250 17,250 0
Extended Fund Facility    Jul 07, 1975    Jul 06, 1978 67,200 7,700 0
Total 1,501,655 843,422 95,796

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.

Kenya Financial Position in the Fund