International Monetary Fund
Vietnam: History of Lending Commitments
as of December 31, 2004

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
Date  4/
Extended Credit Facility    Apr 13, 2001    Apr 12, 2004 290,000 124,200 124,200
Extended Credit Facility    Nov 11, 1994    Nov 10, 1997 362,400 241,600 54,360
Standby Arrangement    Oct 06, 1993    Nov 11, 1994 145,000 108,800 0
Total 797,400 474,600 178,560

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.

The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Vietnam Financial Position in the Fund