Emergency Financing and Debt Relief


The IMF is providing emergency financial assistance and debt relief to member countries facing the economic impact of the COVID-19 pandemic. The tables below include emergency financing approved by the IMF’s Executive Board under the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI), as well as augmentation of existing financing arrangements. Debt relief grants, financed by the Catastrophe Containment and Relief Trust (CCRT), are also shown below.



Last Updated on May 20, 2020

Countries Receiving Emergency Financing and Debt Relief

Hover over highlighted countries to see details.



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Emergency Financing


Total Emergency Financing: SDR 16,134.21 million
US$ 22,041.59 million 3


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Asia and Pacific 1


Country
Type of Emergency Financing
Amount Approved
in SDR
Amount Approved
in US$ 2
Date of Approval
Maldives Rapid Credit Facility (RCF) SDR 21.2 million US$ 28.9 million 3 April 22, 2020
Nepal Rapid Credit Facility (RCF) SDR 156.9 million US$ 214 million 3 May 6, 2020
Samoa Rapid Credit Facility (RCF) SDR 16.2 million US$ 22.03 million 3 April 24, 2020
Total Amount Approved SDR 194.3 million US$ 264.93 million 3

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Europe 1


Country
Type of Emergency Financing
Amount Approved
in SDR
Amount Approved
in US$
Date of Approval
Albania Rapid Financing Instrument (RFI) SDR 139.3 million US$ 190.5 million 3 April 10, 2020
Bosnia and Herzegovina Rapid Financing Instrument (RFI) SDR 265.2 million US$ 361 million 3 April 20, 2020
Kosovo Rapid Financing Instrument (RFI) SDR 41.3 million US$ 56.5 million 3 April 10, 2020
Moldova, Republic of

Rapid Credit Facility (RCF)

Rapid Financing Instrument (RFI)

SDR 57.5 million

SDR 115 million

US$ 78.4 million 3

US$ 156.7 million 3

 April 17, 2020
North Macedonia, Republic of Rapid Financing Instrument (RFI) SDR 140.3 million US$ 191.83 million 3 April 10, 2020
Total Amount Approved SDR 758.6 million US$ 1,034.93 million 3

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Middle East and Central Asia 1



Country
Type of Emergency Financing
Amount Approved
in SDR
Amount Approved
in US$ 2
Date of Approval
Afghanistan, Islamic Republic of Rapid Credit Facility (RCF) SDR 161.9 million US$ 220 million 3 April 29, 2020
Armenia, Republic of Augmentation of SBA SDR 128.8 million US$ 175 million 3 May 18, 2020
Djibouti Rapid Credit Facility (RCF) SDR 31.8 million US$ 43.4 million 3 May 8, 2020
Egypt, Arab Republic of Rapid Financing Instrument (RFI) SDR 2,037.1 million US$ 2,772 million 3 May 11, 2020
Georgia Augmentation of Extended Fund Facility SDR 273.6 million US$ 375.60 million 3 May 1, 2020
Jordan Rapid Financing Instrument (RFI) SDR 291.55 million US$ 396 million 3 May 20, 2020
Kyrgyz Republic Rapid Financing Instrument (RFI)


Rapid Credit Facility (RCF)


Rapid Financing Instrument (RFI)


Rapid Credit Facility (RCF)		 SDR 59.2 million

SDR 29.6 million

SDR 59.2 million

SDR 29.6 million		 US$ 80.6 million 3


US$ 40.3 million 3


US$ 80.7 million 3


US$ 40.4 million 3 		March 26, 2020

March 26, 2020

May 8, 2020

May 8, 2020
Mauritania, Islamic Republic of Rapid Credit Facility (RCF) SDR 95.68 million US$ 130 million 3 April 23, 2020
Pakistan Rapid Financing Instrument (RFI) SDR 1,015.5 million US$ 1,386 million 3 April 16, 2020
Tajikistan, Republic of Rapid Credit Facility (RCF) SDR 139.2 million US$ 189.50 million 3 May 6, 2020
Tunisia Rapid Financing Instrument (RFI) SDR 545.2 million US$ 745 million 3 April 10, 2020
Uzbekistan, Republic of Rapid Financing Instrument (RFI)


Rapid Credit Facility (RCF) 		SDR 183.55 million

SDR 92.05 million		 US$ 249.30 million 3

US$ 125.03 million 3		 May 18, 2020

May 18, 2020
Total Amount Approved SDR SDR 5,173.53 million US$ 7,048.83 million 3

 

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Sub-Saharan Africa 1



Country
Type of Emergency Financing
Amount Approved
in SDR
Amount Approved
in US$ 2
Date of Approval
Benin Augmentation of ECF SDR 76.01 million US$ 103.3 million 3 May 15, 2020
Burkina Faso Rapid Credit Facility (RCF) SDR 84.28 million US$ 115.3 million 3 April 14, 2020
Cabo Verde Rapid Credit Facility (RCF) SDR 23.7 million US$ 32 million 3 April 22, 2020
Cameroon Rapid Credit Facility (RCF) SDR 165.6 million US$ 226 million 3 May 4, 2020
Central African Republic Rapid Credit Facility (RCF) SDR 27.85 million US$ 38 million 3 April 20, 2020
Chad Rapid Credit Facility (RCF) SDR 84.12 million US$ 115.1 million 3 April 14, 2020
Comoros, Union of the Rapid Credit Facility (RCF)

Rapid Financing Instrument (RFI)		 SDR 2.97 million

SDR 5.93 million		 US$ 4.05 million 3

US$ 8.08 million 3		 April 22, 2020

April 22, 2020
Congo, Democratic Republic of the Rapid Credit Facility (RCF) SDR 266.5 million US$ 363.27 million 3 April 22, 2020
Côte d'Ivoire

Rapid Credit Facility (RCF)

Rapid Financing Instrument (RFI)

SDR 216.8 million

SDR 433.6 million

US$ 295.4 million 3

US$ 590.8 million 3

 April 17, 2020
Ethiopia, The Federal Democratic Republic of Rapid Financing Instrument (RFI) SDR 300.7 million US$ 411 million 3 April 30, 2020
Gabon Rapid Financing Instrument (RFI) SDR 108 million US$ 147 million 3 April 9, 2020
Gambia, The Rapid Credit Facility (RCF) SDR 15.55 million US$ 21.3 million 3 April 15, 2020
Ghana Rapid Credit Facility (RCF) SDR 738 million US$ 1,000 million 3 April 13, 2020
Kenya Rapid Credit Facility (RCF) SDR 542.8 million US$ 739 million 3 May 6, 2020
Madagascar, Republic of Rapid Credit Facility (RCF) SDR 122.2 million US$ 165.99 million 3 April 3, 2020
Mali Rapid Credit Facility (RCF) SDR 146.67 million US$ 200 million 3 April 30, 2020
Malawi Rapid Credit Facility (RCF) SDR 66.44million US$ 91 million 3 May 1, 2020
Mozambique, Republic of Rapid Credit Facility (RCF) SDR 227.2 million US$ 309 million 3 April 24, 2020
Niger Rapid Credit Facility (RCF) SDR 83.66 million US$ 114.49 million 3 April 14, 2020
Nigeria Rapid Financing Instrument (RFI) SDR 2,454.5 million US$ 3,400 million 3 April 28, 2020
Rwanda Rapid Credit Facility (RCF) SDR 80.1 million US$ 109.4 million 3 April 2, 2020
São Tomé and Príncipe, Democratic Republic of Rapid Credit Facility (RCF) SDR 9.03 million US$ 12.29 million 3 April 21, 2020
Senegal Rapid Financing Instrument (RFI)

Rapid Credit Facility (RCF)		 SDR 215.73 million

SDR 107.87 million
 US$ 294.7 million 3

US$ 147.4 million 3		 April 13, 2020
Seychelles Rapid Financing Instrument (RFI) SDR 22.9 million US$ 31.23 million 3 May 8, 2020
Togo Augmentation of ECF SDR 71.49 million US$ 97.1 million 3 April 3, 2020
Uganda Rapid Credit Facility (RCF) SDR 361 million US$ 491.5 million 3 May 6, 2020
Total Amount Approved SDR 7,061.2 million US$ 9,673.7 million 3

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Western Hemisphere 1



Country
Type of Emergency Financing
Amount Approved
in SDR
Amount Approved
in US$ 2
Date of Approval
Bolivia Rapid Financing Instrument (RFI) SDR 240.1 million US$ 327 million 3 April 17, 2020
Costa Rica Rapid Financing Instrument (RFI) SDR 369.4 million US$ 508 million 3 April 29, 2020
Dominica Rapid Credit Facility (RCF) SDR 10.28 million US$ 14 million 3 April 28, 2020
Dominican Republic Rapid Financing Instrument (RFI) SDR 477.4 million US$ 650 million 3 April 29, 2020
Ecuador Rapid Financing Instrument (RFI) SDR 469.7 million US$ 643 million 3 May 1, 2020
El Salvador Rapid Financing Instrument (RFI) SDR 287.2 million US$ 389 million 3 April 14, 2020
Grenada Rapid Credit Facility (RCF) SDR 16.4 million US$ 22.4 million 3 April 28, 2020
Haiti Rapid Credit Facility (RCF) SDR 81.9 million US$ 111.6 million 3 April 17, 2020
Jamaica Rapid Financing Instrument (RFI) SDR 382.9 million US$ 520 million 3 May 15, 2020
Panama Rapid Financing Instrument (RFI) SDR 376.8 million US$ 515 million 3 April 15, 2020
Paraguay Rapid Financing Instrument (RFI) SDR 201.4 million US$ 274 million 3 April 21, 2020
St. Lucia Rapid Credit Facility (RCF) SDR 21.4 million US$ 29.2 million 3 April 28, 2020
St. Vincent and the Grenadines Rapid Credit Facility (RCF) SDR 11.7 million US$ 16 million 3 May 20, 2020
Total Amount Approved SDR 2,946.58 million US $4,019.2 million 3


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Debt Service Relief from the Catastrophe Containment and Relief Trust (CCRT)



Country
Source
Amount Approved
in SDR
Amount Approved
in US$ 2
Date of Approval
Afghanistan, Islamic Republic of Catastrophe Containment and Relief Trust (CCRT)
SDR 2.40 million US$ 3.28 million 3 April 13, 2020
Benin Catastrophe Containment and Relief Trust (CCRT) SDR 7.43 million US$ 10.17 million 3 April 13, 2020
Burkina Faso Catastrophe Containment and Relief Trust (CCRT) SDR 8.74 million US$ 11.96 million 3 April 13, 2020
Central African Republic Catastrophe Containment and Relief Trust (CCRT) SDR 2.96 million US$ 4.05 million 3 April 13, 2020
Comoros, Union of the Catastrophe Containment and Relief Trust (CCRT) SDR 0.97 million US$ 1.33 million 3 April 13, 2020
Congo, Democratic Republic of the Catastrophe Containment and Relief Trust (CCRT) SDR 14.85 million US$ 20.32 million 3 April 13, 2020
Djibouti Catastrophe Containment and Relief Trust (CCRT) SDR 1.69 million US$ 2.3 million 3 May 8, 2020
Ethiopia, The Federal Democratic Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 8.56 million US$ 12 million 3 April 30, 2020
Gambia, The Catastrophe Containment and Relief Trust (CCRT) SDR 2.10 million US$ 2.87 million 3 April 13, 2020
Guinea Catastrophe Containment and Relief Trust (CCRT) SDR 16.37 million US$ 22.4 million 3 April 13, 2020
Guinea-Bissau Catastrophe Containment and Relief Trust (CCRT) SDR 1.08 million US$ 1.48 million April 13, 2020
Haiti Catastrophe Containment and Relief Trust (CCRT) SDR 4.10 million US$ 5.61 million 3 April 13, 2020
Liberia Catastrophe Containment and Relief Trust (CCRT) SDR 11.63 million US$ 15.92 million 3 April 13, 2020
Madagascar, Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 3.06 million US$ 4.19 million 3 April 13, 2020
Malawi Catastrophe Containment and Relief Trust (CCRT) SDR 7.20 million US$ 9.85 million 3 April 13, 2020
Mali Catastrophe Containment and Relief Trust (CCRT) SDR 7.30 million US$ 9.99 million 3 April 13, 2020
Mozambique, Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 10.89 million US$ 14.9 million 3 April 13, 2020
Nepal Catastrophe Containment and Relief Trust (CCRT) SDR 2.85 million US$ 3.9 million 3 April 13, 2020
Niger Catastrophe Containment and Relief Trust (CCRT) SDR 5.64 million US$ 7.72 million 3 April 13, 2020
Rwanda Catastrophe Containment and Relief Trust (CCRT) SDR 8.01 million US$ 10.96 million 3 April 13, 2020
São Tomé and Príncipe, Democratic Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 0.11 million US$ 0.15 million 3 April 13, 2020
Sierra Leone Catastrophe Containment and Relief Trust (CCRT) SDR 13.36 million US$ 18.28 million 3 April 13, 2020
Solomon Islands Catastrophe Containment and Relief Trust (CCRT) SDR 0.06 million US$ 0.08 million 3 April 13, 2020
Tajikistan, Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 7.83 million US$ 10.72 million 3 April 13, 2020
Togo Catastrophe Containment and Relief Trust (CCRT) SDR 3.74 million US$ 5.12 million 3 April 13, 2020
Yemen, Republic of Catastrophe Containment and Relief Trust (CCRT) SDR 14.44 million US$ 19.76 million 3 April 13, 2020

Total Debt Relief: SDR 167.37 million / US$ 229.31 million 3


1 The regional distribution of countries follows the organizational distribution at the IMF.
2 Amounts calculated using the SDR/US$ exchange rate of the day of approval.
3 Aggregate US$ amounts are presented for illustrative purposes.