International Monetary Fund
Rwanda: History of Lending Commitments
as of December 31, 1996

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/
Structural Adjustment Facility Commitment    Apr 24, 1991    Apr 23, 1994 30,660 8,760 7,884
Standby Arrangement    Oct 31, 1979    Oct 30, 1980 5,000 0 0
Standby Arrangement    Apr 28, 1969    Apr 27, 1970 2,000 2,000 0
Standby Arrangement    Apr 20, 1968    Apr 19, 1969 3,000 3,000 0
Standby Arrangement    Apr 20, 1967    Apr 19, 1968 2,000 2,000 0
Standby Arrangement    Apr 15, 1966    Apr 14, 1967 5,000 5,000 0
Total 47,660 20,760 7,884

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.

Rwanda Financial Position in the Fund