International Monetary Fund
Greece: History of Lending Commitments
as of May 31, 2015

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
Date  4/
Extended Fund Facility    Mar 15, 2012    Mar 14, 2016 23,785,300 10,224,500 10,224,500
Standby Arrangement    May 09, 2010    Mar 14, 2012 26,432,900 17,541,800 6,638,288
Total 50,218,200 27,766,300 16,862,788

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.

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

Greece Financial Position in the Fund