International Monetary Fund
Mongolia: History of Lending Commitments
as of May 31, 2009

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/
Standby Arrangement    Apr 01, 2009    Oct 01, 2010 153,300 51,100 51,100
Extended Credit Facility    Sep 28, 2001    Jul 31, 2005 28,490 12,210 9,361
Extended Credit Facility    Jul 30, 1997    Jul 29, 2000 33,390 17,437 1,781
Extended Credit Facility    Jun 25, 1993    Jun 24, 1996 40,810 29,680 0
Standby Arrangement    Oct 04, 1991    Dec 31, 1992 22,500 13,750 0
Total 278,490 124,177 62,242

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.

Mongolia Financial Position in the Fund