International Monetary Fund
Georgia: History of Lending Commitments
as of July 31, 2010

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
Standby Arrangement    Sep 15, 2008    Jun 14, 2011 747,100 577,100 577,100
Extended Credit Facility    Jun 04, 2004    Sep 30, 2007 98,000 98,000 93,800
Extended Credit Facility    Jan 12, 2001    Jan 11, 2004 108,000 49,500 14,400
Extended Credit Facility    Feb 28, 1996    Aug 13, 1999 172,050 172,050 0
Standby Arrangement    Jun 28, 1995    Feb 28, 1996 72,150 22,200 0
Total 1,197,300 918,850 685,300

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.

Georgia Financial Position in the Fund