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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 Fund Facility | May 31, 2024 | May 30, 2028 | 3,000,000 | 0 | 0 |
| Extended Fund Facility | Sep 30, 2020 | Dec 16, 2022 | 4,615,000 | 4,615,000 | 4,615,000 |
| Rapid Financing Instrument | May 01, 2020 | May 05, 2020 | 469,700 | 469,700 | 234,850 |
| Extended Fund Facility | Mar 11, 2019 | Apr 29, 2020 | 3,035,000 | 1,011,650 | 918,313 |
| Rapid Financing Instrument | Jul 08, 2016 | Aug 08, 2016 | 261,630 | 261,630 | 0 |
| Standby Arrangement | Mar 21, 2003 | Apr 20, 2004 | 151,000 | 60,400 | 0 |
| Standby Arrangement | Apr 19, 2000 | Dec 31, 2001 | 226,730 | 226,730 | 0 |
| Standby Arrangement | May 11, 1994 | Dec 11, 1995 | 173,900 | 98,900 | 0 |
| Standby Arrangement | Dec 11, 1991 | Dec 10, 1992 | 75,000 | 18,563 | 0 |
| Standby Arrangement | Sep 15, 1989 | Feb 28, 1991 | 109,900 | 39,250 | 0 |
| Standby Arrangement | Jan 04, 1988 | Feb 28, 1989 | 75,350 | 15,070 | 0 |
| Standby Arrangement | Aug 15, 1986 | Jun 10, 1987 | 75,400 | 15,100 | 0 |
| Standby Arrangement | Mar 11, 1985 | Mar 10, 1986 | 105,500 | 105,500 | 0 |
| Standby Arrangement | Jul 25, 1983 | Jul 24, 1984 | 157,500 | 157,500 | 0 |
| Standby Arrangement | Jul 03, 1972 | Jul 02, 1973 | 16,500 | 16,500 | 0 |
| Standby Arrangement | Sep 14, 1970 | Sep 13, 1971 | 22,000 | 10,000 | 0 |
| Standby Arrangement | Apr 07, 1969 | Apr 06, 1970 | 18,000 | 18,000 | 0 |
| Standby Arrangement | Jul 15, 1966 | Jul 14, 1967 | 13,000 | 5,000 | 0 |
| Standby Arrangement | Jul 01, 1965 | Jun 30, 1966 | 12,000 | 8,000 | 0 |
| Standby Arrangement | Jul 01, 1964 | Jun 30, 1965 | 13,000 | 3,000 | 0 |
| Standby Arrangement | Jul 01, 1963 | Jun 30, 1964 | 6,000 | 0 | 0 |
| Standby Arrangement | Jun 08, 1962 | Jun 07, 1963 | 5,000 | 3,000 | 0 |
| Standby Arrangement | Jun 08, 1961 | Jun 07, 1962 | 10,000 | 10,000 | 0 |
| Total | 12,647,110 | 7,168,493 | 5,768,163 | ||
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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. |
Ecuador Financial Position in the Fund