International Monetary Fund
Guinea: History of Lending Commitments
as of June 30, 1998

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    Jan 13, 1997    Jan 12, 2000 70,800 35,400 35,400
Extended Credit Facility    Nov 06, 1991    Dec 19, 1996 57,900 46,320 42,846
Structural Adjustment Facility Commitment    Jul 29, 1987    Jul 28, 1990 40,530 28,950 3,474
Standby Arrangement    Jul 29, 1987    Aug 28, 1988 11,600 0 0
Standby Arrangement    Feb 03, 1986    Apr 02, 1987 27,000 21,000 0
Standby Arrangement    Dec 01, 1982    Nov 30, 1983 25,000 11,500 0
Total 232,830 143,170 81,720

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.

Guinea Financial Position in the Fund