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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. |
|
(In Thousands of SDRs)
| Facility |
Date of
Arrangement |
Expiration Date 4/ |
Amount
Agreed |
Amount
Drawn |
Amount
Outstanding |
|---|---|---|---|---|---|
|
Standby Arrangement
of which Supplemental Reserve Facility |
Dec 04, 1997
Dec 04, 1997 |
Dec 03, 2000
Dec 17, 1998 |
15,500,000
9,950,000 |
14,412,500
9,950,000 |
0
0 |
| Standby Arrangement | Jul 12, 1985 | Mar 10, 1987 | 280,000 | 160,000 | 0 |
| Standby Arrangement | Jul 08, 1983 | Mar 31, 1985 | 575,775 | 575,775 | 0 |
| Standby Arrangement | Feb 13, 1981 | Feb 12, 1982 | 576,000 | 576,000 | 0 |
| Standby Arrangement | Mar 03, 1980 | Feb 12, 1981 | 640,000 | 320,000 | 0 |
| Standby Arrangement | May 06, 1977 | Dec 31, 1977 | 20,000 | 0 | 0 |
| Standby Arrangement | Oct 22, 1975 | Jun 30, 1976 | 20,000 | 9,000 | 0 |
| Standby Arrangement | May 17, 1974 | Dec 31, 1974 | 20,000 | 20,000 | 0 |
| Standby Arrangement | Apr 02, 1973 | Dec 31, 1973 | 20,000 | 0 | 0 |
| Standby Arrangement | Jan 01, 1972 | Dec 31, 1972 | 30,000 | 0 | 0 |
| Standby Arrangement | Jan 01, 1971 | Dec 31, 1971 | 25,000 | 0 | 0 |
| Standby Arrangement | Mar 13, 1970 | Dec 31, 1970 | 25,000 | 0 | 0 |
| Standby Arrangement | Apr 15, 1969 | Dec 31, 1969 | 25,000 | 0 | 0 |
| Standby Arrangement | Apr 11, 1968 | Apr 10, 1969 | 25,000 | 12,500 | 0 |
| Standby Arrangement | Mar 22, 1967 | Mar 21, 1968 | 18,000 | 0 | 0 |
| Standby Arrangement | Mar 22, 1966 | Mar 21, 1967 | 12,000 | 0 | 0 |
| Standby Arrangement | Mar 22, 1965 | Mar 21, 1966 | 9,300 | 0 | 0 |
| Total | 17,821,075 | 16,085,775 | 0 | ||
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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 |
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| The information provided is for your convenience and is not intended to replace other official IMF reports and statements. |
Korea Financial Position in the Fund