International Monetary Fund
Morocco: History of Lending Commitments
as of January 31, 2014

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
Precautionary and Liquidity Line    Aug 03, 2012    Aug 02, 2014 4,117,400 0 0
Standby Arrangement    Jan 31, 1992    Mar 31, 1993 91,980 18,396 0
Standby Arrangement    Jul 20, 1990    Mar 31, 1991 100,000 48,000 0
Standby Arrangement    Aug 30, 1988    Dec 31, 1989 210,000 210,000 0
Standby Arrangement    Dec 16, 1986    Apr 30, 1988 230,000 230,000 0
Standby Arrangement    Sep 12, 1985    Dec 15, 1986 200,000 10,000 0
Standby Arrangement    Sep 16, 1983    Mar 15, 1985 300,000 300,000 0
Standby Arrangement    Apr 26, 1982    Apr 25, 1983 281,250 281,250 0
Extended Fund Facility    Mar 09, 1981    Apr 25, 1982 817,050 136,500 0
Extended Fund Facility    Oct 08, 1980    Mar 08, 1981 810,000 147,000 0
Standby Arrangement    Mar 18, 1971    Mar 17, 1972 30,000 8,250 0
Standby Arrangement    Dec 15, 1969    Dec 14, 1970 25,000 10,000 0
Standby Arrangement    Oct 27, 1968    Oct 26, 1969 27,000 10,000 0
Standby Arrangement    Oct 27, 1967    Oct 26, 1968 50,000 50,000 0
Standby Arrangement    Sep 23, 1966    Sep 22, 1967 50,000 0 0
Standby Arrangement    Sep 23, 1965    Sep 22, 1966 45,000 0 0
Standby Arrangement    Nov 15, 1959    Nov 14, 1960 25,000 0 0
Total 7,409,680 1,459,396 0

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.

Morocco Financial Position in the Fund