International Monetary Fund
Burkina Faso: History of Lending Commitments
as of June 30, 2002

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
Date  4/
Extended Credit Facility    Sep 10, 1999    Dec 09, 2002 39,120 33,540 33,540
Extended Credit Facility    Jun 14, 1996    Sep 13, 1999 39,780 39,780 38,454
Extended Credit Facility    Mar 31, 1993    May 30, 1996 53,040 44,200 21,216
Structural Adjustment Facility Commitment    Mar 13, 1991    Mar 31, 1993 22,120 6,320 0
Total 154,060 123,840 93,210

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.

The information provided is for your convenience and is not intended to replace other official IMF reports and statements.

Burkina Faso Financial Position in the Fund