Algeria: 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 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
Date  4/
Extended Fund Facility    May 22, 1995    May 21, 1998 1,169,280 1,169,280 413,980
Standby Arrangement    May 27, 1994    May 22, 1995 457,200 385,200 0
Standby Arrangement    Jun 03, 1991    Mar 31, 1992 300,000 225,000 0
Standby Arrangement    May 31, 1989    May 30, 1990 155,700 155,700 0
Total 2,082,180 1,935,180 413,981

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was    drawn. 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.

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

Algeria Financial Position in the Fund