Portugal: History of Lending Commitments
as of May 31, 2016

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 Fund Facility    May 20, 2011    Jun 30, 2014 23,742,000 22,942,000 14,779,803
Standby Arrangement    Oct 07, 1983    Feb 28, 1985 445,000 259,300 0
Standby Arrangement    Jun 05, 1978    Jun 04, 1979 57,350 0 0
Standby Arrangement    Apr 25, 1977    Apr 24, 1978 42,400 42,400 0
Total 24,286,750 23,243,700 14,779,803

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.

Portugal Financial Position in the Fund