Iraq: History of Lending Commitments
as of June 30, 2021

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
Date  4/
Standby Arrangement    Jul 07, 2016    Jul 06, 2019 3,831,000 1,494,200 535,750
Standby Arrangement    Feb 24, 2010    Feb 23, 2013 2,376,800 1,069,560 0
Standby Arrangement    Dec 19, 2007    Mar 18, 2009 475,360 0 0
Standby Arrangement    Dec 23, 2005    Dec 18, 2007 475,360 0 0
Total 7,158,520 2,563,760 535,750

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.

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

Iraq Financial Position in the Fund