Latvia, Republic of: History of Lending Commitments
as of February 28, 2010

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
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Standby Arrangement    Dec 23, 2008    Dec 22, 2011 1,521,626 892,240 892,240
Standby Arrangement    Apr 20, 2001    Dec 19, 2002 33,000 0 0
Standby Arrangement    Dec 10, 1999    Apr 09, 2001 33,000 0 0
Standby Arrangement    Oct 10, 1997    Apr 09, 1999 33,000 0 0
Standby Arrangement    May 24, 1996    Aug 23, 1997 30,000 0 0
Standby Arrangement    Apr 21, 1995    May 20, 1996 27,450 0 0
Standby Arrangement    Dec 15, 1993    Mar 14, 1995 22,875 9,150 0
Standby Arrangement    Sep 14, 1992    Sep 13, 1993 54,900 54,900 0
Total 1,755,851 956,290 892,240

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was    drawn. 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.
5/ The RFI/RCF does not show commitments.

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

Latvia, Republic of Financial Position in the Fund