Malawi: History of Lending Commitments
as of February 29, 2004

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
Extended Credit Facility    Dec 21, 2000    Dec 20, 2004 45,110 12,880 12,880
Extended Credit Facility    Oct 18, 1995    Dec 16, 1999 50,960 50,960 37,981
Standby Arrangement    Nov 16, 1994    Jun 30, 1995 15,000 12,725 0
Extended Credit Facility    Jul 15, 1988    Mar 31, 1994 66,960 66,960 558
Standby Arrangement    Mar 02, 1988    May 30, 1989 13,020 9,250 0
Extended Fund Facility    Sep 19, 1983    Aug 05, 1986 81,000 57,000 0
Standby Arrangement    Aug 06, 1982    Aug 05, 1983 22,000 22,000 0
Standby Arrangement    May 09, 1980    Mar 31, 1982 49,875 40,000 0
Standby Arrangement    Oct 31, 1979    May 09, 1980 26,344 5,444 0
Total 370,269 277,219 51,419

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.

Malawi Financial Position in the Fund