{
  "title": "Press Release: Thailand Completes Early Repayment of 1997 Stand-By Arrangement",
  "publication": "IMF News, July 31, 2003",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr03131",
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  "summary": "Press Release No. 03/131",
  "authors": [
    "Arrangement Press Release No."
  ],
  "publishDate": "2003-07-31",
  "sections": [
    {
      "heading": "Event summary",
      "content": "- Press Release No. 03/131\n- Date: July 31, 2003\n- Thailand completed an early repayment of its outstanding obligations to the International Monetary Fund under a Stand-By Arrangement (see Press Release No. 97/37).\n- Under the original schedule, the final repayment of outstanding loans from the IMF would have taken place in 2004."
    },
    {
      "heading": "Financial details",
      "content": "- Repayment made by Thailand on July 31: SDR 68.75 million (about US$96 million).\n- Total drawings under the SDR 2.9 billion (about US$4 billion) Stand-By Arrangement amounted to SDR 2.5 billion (about US$3.5 billion)."
    },
    {
      "heading": "Official statement",
      "content": "- Mr. Horst Köhler, the Managing Director of the IMF, stated:\n  - \"Thailand's ability to repay the IMF ahead of schedule reflects a strong macroeconomic and balance of payments performance over the past few years. This success has been underpinned by a sound policy framework, for which the government and the Bank of Thailand should be congratulated.\"\n\nInternational Monetary Fund\n\n---\n\n\n References\n\n- Thailand and the IMF\n- Press Releases\n- PRESS CENTER\n- Press Release No. 97/37\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr03131"
    }
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    "Authors: Arrangement Press Release No.",
    "Published: July 31, 2003",
    "Press Release No. 03/131",
    "Date: July 31, 2003",
    "Thailand completed an early repayment of its outstanding obligations to the International Monetary Fund under a Stand-By Arrangement (see Press Release No. 97/37).",
    "Under the original schedule, the final repayment of outstanding loans from the IMF would have taken place in 2004.",
    "Repayment made by Thailand on July 31: SDR 68.75 million (about US$96 million).",
    "Total drawings under the SDR 2.9 billion (about US$4 billion) Stand-By Arrangement amounted to SDR 2.5 billion (about US$3.5 billion).",
    "Mr. Horst Köhler, the Managing Director of the IMF, stated:",
    "[Thailand and the IMF](http://www.imf.org/external/country/THA/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[Press Release No. 97/37](https://www.imf.org/external/np/sec/pr/1997/pr9737.htm)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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