International Monetary Fund
Cameroon: History of Lending Commitments
as of February 29, 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
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Credit Facility    Dec 21, 2000    Dec 20, 2004 111,420 79,590 79,590
Extended Credit Facility    Aug 20, 1997    Dec 20, 2000 162,120 162,120 151,312
Standby Arrangement    Sep 27, 1995    Sep 26, 1996 67,600 28,200 0
Standby Arrangement    Mar 14, 1994    Sep 13, 1995 81,060 21,910 0
Standby Arrangement    Dec 20, 1991    Sep 19, 1992 28,000 8,000 0
Standby Arrangement    Sep 19, 1988    Jun 30, 1990 61,800 38,625 0
Total 512,000 338,445 230,902

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.

Cameroon Financial Position in the Fund