International Monetary Fund
Benin: 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/
Extended Credit Facility    Jun 14, 2010    Sep 13, 2013 74,280 21,230 21,230
Extended Credit Facility    Aug 05, 2005    Jun 30, 2009 24,770 24,770 24,682
Extended Credit Facility    Jul 17, 2000    Mar 31, 2004 27,000 27,000 0
Extended Credit Facility    Aug 28, 1996    Jul 16, 2000 27,180 16,308 0
Extended Credit Facility    Jan 25, 1993    May 21, 1996 51,890 51,890 0
Structural Adjustment Facility Commitment    Jun 16, 1989    Jun 15, 1992 21,910 15,650 0
Total 227,030 156,848 45,912

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.

Benin Financial Position in the Fund