International Monetary Fund
Armenia, Republic of: History of Lending Commitments
as of July 31, 2011

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    Jun 28, 2010    Jun 27, 2013 133,400 56,100 56,100
Extended Fund Facility    Jun 28, 2010    Jun 27, 2013 133,400 52,500 52,500
Standby Arrangement    Mar 06, 2009    Jun 27, 2010 533,600 350,425 350,425
Extended Credit Facility    Nov 17, 2008    Mar 06, 2009 9,200 1,310 1,310
Extended Credit Facility    May 25, 2005    May 23, 2008 23,000 23,000 22,016
Extended Credit Facility    May 23, 2001    Dec 31, 2004 69,000 69,000 27,300
Extended Credit Facility    Feb 14, 1996    Dec 20, 1999 109,350 109,350 0
Standby Arrangement    Jun 28, 1995    Feb 14, 1996 43,875 13,500 0
Total 1,054,825 675,185 509,651

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.

Armenia, Republic of Financial Position in the Fund