International Monetary Fund
Congo, Republic of: History of Lending Commitments
as of December 31, 2005

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 Credit Facility    Dec 06, 2004    Dec 05, 2007 54,990 15,720 15,720
Extended Credit Facility    Jun 28, 1996    Jun 27, 1999 69,480 13,896 2,779
Standby Arrangement    May 27, 1994    May 26, 1995 23,160 12,500 0
Standby Arrangement    Aug 27, 1990    May 26, 1992 27,975 4,000 0
Standby Arrangement    Aug 29, 1986    Apr 28, 1988 22,400 9,500 0
Standby Arrangement    Apr 25, 1979    Apr 24, 1980 4,000 2,000 0
Standby Arrangement    Jan 01, 1977    Dec 31, 1977 4,700 4,700 0
Total 206,705 62,316 18,500

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.

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

Congo, Republic of Financial Position in the Fund