International Monetary Fund
Moldova, Republic of: History of Lending Commitments
as of December 31, 1998

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
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Fund Facility    May 20, 1996    May 19, 1999 135,000 37,500 37,500
Standby Arrangement    Mar 22, 1995    Mar 21, 1996 58,500 32,400 25,144
Standby Arrangement    Dec 17, 1993    Mar 16, 1995 51,750 51,750 19,313
Total 245,250 121,650 81,957

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.

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

Moldova, Republic of Financial Position in the Fund