International Monetary Fund
Congo, Democratic Republic of: History of Lending Commitments
as of December 31, 1996

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
Standby Arrangement    Jun 09, 1989    Jun 08, 1990 116,400 75,000 75,000
Structural Adjustment Facility Commitment    May 15, 1987    May 14, 1990 203,700 145,500 143,083
Standby Arrangement    May 15, 1987    May 14, 1988 100,000 24,500 20,000
Standby Arrangement    May 28, 1986    Apr 21, 1987 214,200 47,600 19,338
Standby Arrangement    Apr 24, 1985    Apr 23, 1986 162,000 162,000 0
Standby Arrangement    Dec 27, 1983    Mar 26, 1985 228,000 198,000 12,495
Extended Fund Facility    Jun 22, 1981    Jun 21, 1982 912,000 175,000 8,698
Standby Arrangement    Aug 27, 1979    Feb 26, 1981 118,000 118,000 0
Standby Arrangement    Apr 25, 1977    Apr 24, 1978 45,000 5,000 0
Standby Arrangement    Mar 22, 1976    Mar 21, 1977 40,960 40,960 0
Standby Arrangement    Jul 06, 1967    Jul 05, 1968 27,000 0 0
Total 2,167,260 991,560 278,614

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.

Congo, Democratic Republic of Financial Position in the Fund