International Monetary Fund
Nepal: History of Lending Commitments
as of April 30, 2022

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    Jan 12, 2022    Mar 11, 2025 282,420 78,500 78,500
Rapid Credit Facility    May 06, 2020    May 08, 2020 156,900 156,900 156,900
Rapid Credit Facility    Jul 31, 2015    Aug 10, 2015 35,650 35,650 24,955
Extended Credit Facility    Nov 19, 2003    Nov 18, 2007 49,900 49,900 0
Extended Credit Facility    Oct 05, 1992    Oct 04, 1995 33,570 16,785 0
Structural Adjustment Facility Commitment    Oct 14, 1987    Oct 13, 1990 26,110 26,110 0
Standby Arrangement    Dec 23, 1985    Apr 22, 1987 18,650 18,650 0
Standby Arrangement    Feb 18, 1976    Feb 17, 1977 4,495 4,495 0
Total 607,695 386,990 260,355

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.

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

Nepal Financial Position in the Fund