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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 |
|---|---|---|---|---|---|
| Standby Arrangement | Apr 01, 1998 | Mar 31, 2000 | 1,020,790 | 545,660 | 545,660 |
| Extended Fund Facility | Jun 24, 1994 | Mar 31, 1998 | 791,200 | 791,200 | 782,075 |
| Standby Arrangement | Feb 20, 1991 | Mar 31, 1993 | 334,200 | 334,200 | 0 |
| Extended Fund Facility | May 23, 1989 | Feb 20, 1991 | 660,600 | 235,920 | 0 |
| Standby Arrangement | Oct 24, 1986 | Aug 23, 1988 | 198,000 | 198,000 | 0 |
| Standby Arrangement | Dec 14, 1984 | Jun 13, 1986 | 615,000 | 403,000 | 0 |
| Standby Arrangement | Feb 25, 1983 | Feb 28, 1984 | 315,000 | 100,000 | 0 |
| Standby Arrangement | Feb 27, 1980 | Dec 31, 1981 | 410,000 | 410,000 | 0 |
| Standby Arrangement | Jun 11, 1979 | Dec 31, 1979 | 105,000 | 91,251 | 0 |
| Extended Fund Facility | Apr 01, 1976 | Mar 31, 1979 | 217,000 | 255,749 | 0 |
| Standby Arrangement | May 31, 1975 | Apr 01, 1976 | 29,060 | 29,060 | 0 |
| Standby Arrangement | Jul 16, 1974 | May 31, 1975 | 38,750 | 38,750 | 0 |
| Standby Arrangement | May 16, 1973 | May 15, 1974 | 45,000 | 0 | 0 |
| Standby Arrangement | May 11, 1972 | May 10, 1973 | 45,000 | 35,000 | 0 |
| Standby Arrangement | Mar 16, 1971 | Mar 15, 1972 | 45,000 | 35,000 | 0 |
| Standby Arrangement | Feb 20, 1970 | Feb 19, 1971 | 27,500 | 27,500 | 0 |
| Standby Arrangement | Mar 27, 1968 | Mar 26, 1969 | 27,500 | 27,500 | 0 |
| Standby Arrangement | Jan 05, 1967 | Jan 04, 1968 | 55,000 | 55,000 | 0 |
| Standby Arrangement | Apr 12, 1966 | Jan 04, 1967 | 26,700 | 0 | 0 |
| Standby Arrangement | Apr 12, 1965 | Apr 11, 1966 | 40,400 | 0 | 0 |
| Standby Arrangement | Apr 12, 1964 | Apr 11, 1965 | 40,400 | 0 | 0 |
| Standby Arrangement | Apr 12, 1963 | Apr 11, 1964 | 40,400 | 0 | 0 |
| Standby Arrangement | Apr 12, 1962 | Apr 11, 1963 | 40,400 | 0 | 0 |
| Total | 5,167,900 | 3,612,791 | 1,327,735 | ||
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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. |
Philippines Financial Position in the Fund