Romania: 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
Standby Arrangement    May 11, 1994    Apr 24, 1997 320,495 94,265 94,265
Standby Arrangement    May 29, 1992    Mar 28, 1993 314,040 261,700 150,985
Standby Arrangement    Apr 11, 1991    Apr 10, 1992 380,500 318,100 0
Standby Arrangement    Jun 15, 1981    Jan 31, 1984 1,102,500 817,500 0
Standby Arrangement    Sep 09, 1977    Sep 08, 1978 64,125 64,125 0
Standby Arrangement    Oct 03, 1975    Oct 02, 1976 95,000 95,000 0
Total 2,276,660 1,650,690 245,250

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

Romania Financial Position in the Fund