International Monetary Fund
Uruguay: History of Lending Commitments
as of December 31, 2003

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
of which Supplemental Reserve Facility
   Apr 01, 2002
  Jun 25, 2002
   Mar 31, 2005
  Jun 24, 2003
2,128,300
128,700
1,475,900
128,700
1,475,900
128,700
Standby Arrangement    May 31, 2000    Mar 31, 2002 150,000 150,000 150,000
Standby Arrangement    Mar 29, 1999    Mar 28, 2000 70,000 0 0
Standby Arrangement    Jun 20, 1997    Mar 19, 1999 125,000 114,200 0
Standby Arrangement    Mar 01, 1996    Mar 31, 1997 100,000 0 0
Standby Arrangement    Jul 01, 1992    Jun 30, 1993 50,000 15,975 0
Standby Arrangement    Dec 12, 1990    Mar 15, 1992 94,800 9,000 0
Standby Arrangement    Sep 27, 1985    Mar 26, 1987 122,850 122,850 0
Standby Arrangement    Apr 22, 1983    Apr 21, 1985 378,000 151,200 0
Standby Arrangement    Jul 15, 1981    Jul 14, 1982 31,500 31,500 0
Standby Arrangement    May 14, 1980    May 13, 1981 21,000 0 0
Standby Arrangement    Mar 16, 1979    Mar 15, 1980 21,000 0 0
Standby Arrangement    Sep 14, 1977    Sep 13, 1978 25,000 0 0
Standby Arrangement    Aug 04, 1976    Aug 03, 1977 25,000 0 0
Standby Arrangement    May 09, 1975    May 08, 1976 17,250 17,250 0
Standby Arrangement    Jun 27, 1972    Jun 26, 1973 20,000 20,000 0
Standby Arrangement    May 28, 1970    May 27, 1971 13,750 13,750 0
Standby Arrangement    Mar 01, 1968    Feb 28, 1969 25,000 20,000 0
Standby Arrangement    Jun 09, 1966    Jun 08, 1967 15,000 5,000 0
Standby Arrangement    Oct 04, 1962    Oct 03, 1963 30,000 15,000 0
Standby Arrangement    Jun 06, 1961    Jun 05, 1962 30,000 0 0
Total 3,493,450 2,161,625 1,625,900

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.

Uruguay Financial Position in the Fund