International Monetary Fund
Dominican Republic: History of Lending Commitments
as of September 30, 1998

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
Standby Arrangement    Jul 09, 1993    Mar 28, 1994 31,800 16,800 1,625
Standby Arrangement    Aug 28, 1991    Mar 27, 1993 39,240 39,240 0
Standby Arrangement    Apr 15, 1985    Apr 14, 1986 78,500 78,500 0
Extended Fund Facility    Jan 21, 1983    Jan 17, 1985 371,250 123,750 0
Standby Arrangement    Aug 01, 1964    Jul 31, 1965 25,000 20,000 0
Standby Arrangement    Dec 22, 1959    Dec 21, 1960 11,250 9,000 0
Total 557,040 287,290 1,625

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.

Dominican Republic Financial Position in the Fund