International Monetary Fund
Nepal: History of Lending Commitments
as of November 30, 2006

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    Nov 19, 2003    Nov 18, 2007 49,900 28,520 28,520
Extended Credit Facility    Oct 05, 1992    Oct 04, 1995 33,570 16,785 0
Structural Adjustment Facility Commitment    Oct 14, 1987    Oct 13, 1990 26,110 26,110 0
Standby Arrangement    Dec 23, 1985    Apr 22, 1987 18,650 18,650 0
Standby Arrangement    Feb 18, 1976    Feb 17, 1977 4,495 4,495 0
Total 132,725 94,560 28,520

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.

Nepal Financial Position in the Fund