International Monetary Fund
Dominica: History of Lending Commitments
as of December 31, 2007

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 29, 2003    Dec 28, 2006 7,688 7,688 7,688
Standby Arrangement    Aug 28, 2002    Jan 02, 2004 3,280 2,973 0
Structural Adjustment Facility Commitment    Nov 26, 1986    Nov 25, 1989 2,800 2,800 0
Standby Arrangement    Jul 18, 1984    Jul 17, 1985 1,400 970 0
Extended Fund Facility    Feb 06, 1981    Feb 05, 1984 8,550 8,550 0
Total 23,718 22,981 7,688

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.

Dominica Financial Position in the Fund