International Monetary Fund
North Macedonia, Republic of: 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/
Precautionary and Liquidity Line1/    Jan 19, 2011    Jan 18, 2013 413,400 197,000 197,000
Standby Arrangement    Aug 31, 2005    Aug 30, 2008 51,675 10,500 0
Standby Arrangement    Apr 30, 2003    Aug 15, 2004 20,000 20,000 0
Extended Credit Facility    Dec 18, 2000    Nov 22, 2001 10,335 1,723 0
Extended Fund Facility    Nov 29, 2000    Nov 22, 2001 24,115 1,148 0
Extended Credit Facility    Apr 11, 1997    Apr 10, 2000 54,560 27,281 0
Standby Arrangement    May 05, 1995    Jun 04, 1996 22,300 22,300 0
Total 596,385 279,952 197,000

1/ Formerly PCL. 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.

North Macedonia, Republic of Financial Position in the Fund