International Monetary Fund
Seychelles: 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
Date  4/
Extended Fund Facility    Jul 29, 2021    Mar 28, 2024 74,000 48,000 48,000
Rapid Financing Instrument    May 08, 2020    May 12, 2020 22,900 22,900 22,900
Extended Fund Facility    Jun 04, 2014    Jun 03, 2017 11,445 11,445 7,766
Extended Fund Facility    Dec 23, 2009    Dec 22, 2013 26,400 26,400 2,365
Standby Arrangement    Nov 14, 2008    Dec 22, 2009 17,600 11,000 0
Total 152,345 119,745 81,032

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.

Seychelles Financial Position in the Fund