International Monetary Fund
Barbados: History of Lending Commitments
as of April 30, 2022

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    Oct 01, 2018    Sep 30, 2022 322,000 305,000 305,000
Standby Arrangement    Feb 07, 1992    May 31, 1993 23,890 14,670 0
Standby Arrangement    Oct 01, 1982    May 31, 1984 31,875 31,875 0
Total 377,765 351,545 305,000

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.

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

Barbados Financial Position in the Fund