International Monetary Fund
Hungary: History of Lending Commitments
as of December 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 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    Nov 06, 2008    Oct 05, 2010 10,537,500 7,637,000 7,637,000
Standby Arrangement    Mar 15, 1996    Feb 14, 1998 264,180 0 0
Standby Arrangement    Sep 15, 1993    Dec 14, 1994 340,000 56,700 0
Extended Fund Facility    Feb 20, 1991    Sep 15, 1993 1,114,000 557,235 0
Standby Arrangement    Mar 14, 1990    Feb 20, 1991 159,210 127,370 0
Standby Arrangement    May 16, 1988    Jun 30, 1989 265,350 215,350 0
Standby Arrangement    Jan 13, 1984    Jan 12, 1985 425,000 425,000 0
Standby Arrangement    Dec 08, 1982    Jan 07, 1984 475,000 475,000 0
Total 13,580,240 9,493,655 7,637,000

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.

Hungary Financial Position in the Fund