International Monetary Fund
Grenada: History of Lending Commitments
as of April 30, 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 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 Credit Facility    Apr 18, 2010    Apr 17, 2013 8,775 2,525 2,525
Extended Credit Facility    Apr 17, 2006    Apr 13, 2010 16,380 16,380 16,380
Extended Fund Facility    Aug 24, 1983    Jan 23, 1984 13,500 1,125 0
Standby Arrangement    May 11, 1981    May 10, 1982 3,425 2,900 0
Standby Arrangement    Nov 06, 1979    Dec 31, 1980 651 651 0
Standby Arrangement    Jun 30, 1976    Dec 31, 1976 225 225 0
Standby Arrangement    Sep 29, 1975    Jun 30, 1976 500 500 0
Total 43,456 24,306 18,905

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.

Grenada Financial Position in the Fund