International Monetary Fund
Albania: History of Lending Commitments
as of May 31, 2009

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 adjustment 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    Feb 01, 2006    Jan 30, 2009 8,523 8,523 8,523
Extended Fund Facility    Feb 01, 2006    Jan 28, 2009 8,523 8,523 8,523
Extended Credit Facility    Jun 21, 2002    Nov 20, 2005 28,000 28,000 25,600
Extended Credit Facility    May 13, 1998    Jul 31, 2001 45,040 45,040 8,519
Extended Credit Facility    Jul 14, 1993    Jul 13, 1996 42,360 31,060 0
Standby Arrangement    Aug 26, 1992    Jul 14, 1993 20,000 13,125 0
Total 152,445 134,270 51,165

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 PRGT and GRA arrangements reflects 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.

Albania Financial Position in the Fund