International Monetary Fund
Yemen, Republic of: Latest Financial Commitments
as of December 31, 2001

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
Extended Credit Facility    Oct 29, 1997    Oct 28, 2001 264,750 238,750 238,750
Extended Fund Facility    Oct 29, 1997    Oct 28, 2001 72,900 46,500 46,500
Standby Arrangement    Mar 20, 1996    Jun 19, 1997 132,375 132,375 12,094
Total 470,025 417,625 297,344

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.

Yemen, Republic of Financial Position in the Fund