International Monetary Fund
Somalia: History of Lending Commitments
as of December 31, 2020

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 economic and financial 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    Mar 25, 2020    Mar 24, 2023 252,862 217,862 217,862
Extended Fund Facility    Mar 25, 2020    Mar 25, 2020 39,568 39,568 39,568
Structural Adjustment Facility Commitment    Jun 29, 1987    Jun 28, 1990 30,940 8,840 0
Standby Arrangement    Jun 29, 1987    Jun 28, 1988 33,150 5,530 0
Standby Arrangement    Feb 22, 1985    Sep 30, 1986 20,100 20,100 0
Standby Arrangement    Jul 15, 1982    Jan 14, 1984 60,000 60,000 0
Standby Arrangement    Jul 15, 1981    Jul 14, 1982 43,130 43,130 0
Standby Arrangement    Feb 27, 1980    Feb 26, 1981 11,500 6,000 0
Standby Arrangement    Jan 20, 1970    Jan 19, 1971 3,980 0 0
Standby Arrangement    Jan 20, 1969    Jan 19, 1970 6,000 0 0
Standby Arrangement    Jan 19, 1968    Jan 18, 1969 7,000 3,700 0
Standby Arrangement    Jan 19, 1967    Jan 18, 1968 5,000 4,000 0
Standby Arrangement    Jan 19, 1966    Jan 18, 1967 2,800 0 0
Standby Arrangement    Jan 19, 1965    Jan 18, 1966 5,600 5,600 0
Standby Arrangement    May 01, 1964    Jan 18, 1965 4,700 4,700 0
Total 526,330 419,030 257,430

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 arrangements under the GRA, PRGT, and RST reflect 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.

Somalia Financial Position in the Fund