Nicaragua: History of Lending Commitments
as of December 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
Arrangement
Expiration
Date  4/
Amount
Agreed
Amount
Drawn
Amount
Outstanding
Extended Credit Facility    Dec 13, 2002    Feb 28, 2006 97,500 55,720 55,720
Extended Credit Facility    Mar 18, 1998    Mar 17, 2002 148,955 115,320 84,761
Extended Credit Facility    Jun 24, 1994    Jun 23, 1997 120,120 20,020 0
Standby Arrangement    Sep 18, 1991    Mar 17, 1993 40,860 17,030 0
Standby Arrangement    May 14, 1979    Aug 20, 1979 34,000 8,500 0
Standby Arrangement    Feb 09, 1972    Feb 08, 1973 10,750 4,000 0
Standby Arrangement    Aug 12, 1970    Aug 11, 1971 14,000 13,000 0
Standby Arrangement    May 26, 1969    May 25, 1970 15,000 14,000 0
Standby Arrangement    Mar 01, 1968    Feb 28, 1969 19,000 19,000 0
Standby Arrangement    Apr 01, 1964    Mar 31, 1965 11,250 11,250 0
Standby Arrangement    Mar 01, 1963    Feb 29, 1964 11,250 11,250 0
Standby Arrangement    Nov 03, 1960    Nov 02, 1961 7,500 6,000 0
Standby Arrangement    Sep 15, 1958    Mar 14, 1959 7,500 1,880 0
Standby Arrangement    Oct 07, 1957    Apr 06, 1958 7,500 3,750 0
Standby Arrangement    Nov 21, 1956    May 20, 1957 3,750 1,880 0
Total 548,935 302,600 140,481

4/ The expiration date for outright disbursements (RFI and RCF) reflects the date the disbursement was    drawn. 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.

Nicaragua Financial Position in the Fund