International Monetary Fund
Mozambique: History of Lending Commitments
as of August 31, 2005

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
Date  4/
Extended Credit Facility    Jul 06, 2004    Jul 05, 2007 11,360 4,860 4,860
Extended Credit Facility    Jun 28, 1999    Jun 27, 2003 87,200 78,800 77,120
Extended Credit Facility    Jun 21, 1996    Jun 27, 1999 75,600 75,600 36,540
Extended Credit Facility    Jun 01, 1990    Dec 31, 1995 130,050 115,350 0
Structural Adjustment Facility Commitment    Jun 08, 1987    Jun 07, 1990 42,700 42,700 0
Total 346,910 317,310 118,520

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 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.

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

Mozambique Financial Position in the Fund