Mongolia: History of Lending Arrangements
as of December 31, 1997

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    Jul 30, 1997    Jul 29, 2000 33,390 5,565 5,565
Extended Credit Facility    Jun 25, 1993    Jun 24, 1996 40,810 29,680 29,680
Standby Arrangement    Oct 04, 1991    Dec 31, 1992 22,500 13,750 0
Total 96,700 48,995 35,245

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

Mongolia Financial Position in the Fund