Solomon Islands: 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 Credit Facility    Dec 07, 2012    Mar 31, 2016 1,040 1,040 1,040
Standby Credit Facility    Dec 06, 2011    Dec 05, 2012 5,200 0 0
Standby Credit Facility    Jun 02, 2010    Dec 01, 2011 12,480 12,480 8,667
Standby Arrangement    Jun 22, 1983    Jun 21, 1984 2,400 960 0
Standby Arrangement    May 29, 1981    May 28, 1982 1,600 800 0
Total 22,720 15,280 9,707

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.

Solomon Islands Financial Position in the Fund