International Monetary Fund
Sri Lanka: History of Lending Commitments
as of December 31, 1997

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    Sep 13, 1991    Jul 31, 1995 336,000 280,000 263,200
Structural Adjustment Facility Commitment    Mar 09, 1988    Mar 08, 1991 156,170 156,170 58,006
Standby Arrangement    Sep 14, 1983    Jul 31, 1984 100,000 50,000 0
Extended Fund Facility    Jan 01, 1979    Dec 31, 1981 260,300 260,300 0
Standby Arrangement    Dec 02, 1977    Dec 01, 1978 93,000 93,000 0
Standby Arrangement    Apr 30, 1974    Apr 29, 1975 24,500 7,000 0
Standby Arrangement    Mar 18, 1971    Mar 17, 1972 24,500 24,500 0
Standby Arrangement    Aug 12, 1969    Aug 11, 1970 19,500 19,500 0
Standby Arrangement    May 06, 1968    May 05, 1969 19,500 19,500 0
Standby Arrangement    Jun 15, 1966    Jun 14, 1967 25,000 25,000 0
Standby Arrangement    Jun 15, 1965    Jun 14, 1966 30,000 22,500 0
Total 1,088,470 957,470 321,206

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.

Sri Lanka Financial Position in the Fund