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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. |
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(In Thousands of SDRs)
| Facility |
Date of
Arrangement |
Expiration Date 4/ |
Amount
Agreed |
Amount
Drawn |
Amount
Outstanding |
|---|---|---|---|---|---|
| Extended Credit Facility | May 09, 2003 | May 08, 2006 | 184,500 | 52,700 | 52,700 |
| Extended Credit Facility | May 03, 1999 | Nov 30, 2002 | 228,800 | 176,218 | 149,465 |
| Extended Credit Facility | Jun 30, 1995 | May 02, 1999 | 164,400 | 137,000 | 95,900 |
| Extended Credit Facility | Nov 09, 1988 | Mar 05, 1992 | 388,550 | 388,550 | 0 |
| Extended Fund Facility | Nov 06, 1987 | Nov 09, 1988 | 245,400 | 97,550 | 0 |
| Structural Adjustment Facility Commitment | Nov 06, 1987 | Nov 09, 1988 | 129,858 | 40,900 | 0 |
| Standby Arrangement | Oct 15, 1986 | Oct 14, 1987 | 81,800 | 81,800 | 0 |
| Standby Arrangement | Aug 27, 1984 | Dec 31, 1985 | 180,000 | 180,000 | 0 |
| Standby Arrangement | Aug 03, 1983 | Aug 02, 1984 | 238,500 | 238,500 | 0 |
| Standby Arrangement | Jan 10, 1979 | Jan 09, 1980 | 53,000 | 32,000 | 0 |
| Standby Arrangement | May 29, 1969 | May 28, 1970 | 5,000 | 5,000 | 0 |
| Standby Arrangement | May 28, 1968 | May 27, 1969 | 12,000 | 12,000 | 0 |
| Standby Arrangement | May 25, 1967 | May 24, 1968 | 25,000 | 25,000 | 0 |
| Standby Arrangement | May 17, 1966 | May 16, 1967 | 36,400 | 31,400 | 0 |
| Total | 1,973,208 | 1,498,618 | 298,065 | ||
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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. |
Ghana Financial Position in the Fund