International Monetary Fund
Guyana: History of Lending Commitments
as of August 31, 2003

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    Sep 20, 2002    Sep 19, 2005 54,550 5,550 5,550
Extended Credit Facility    Jul 15, 1998    Dec 31, 2001 53,760 24,880 24,880
Extended Credit Facility    Jul 20, 1994    Apr 17, 1998 53,760 53,760 32,256
Extended Credit Facility    Jul 13, 1990    Dec 20, 1993 81,524 81,524 886
Standby Arrangement    Jul 13, 1990    Dec 31, 1991 49,500 49,500 0
Total 293,095 215,215 63,572

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.

Guyana Financial Position in the Fund