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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. |
|
(In Thousands of SDRs)
| Facility |
Date of
Arrangement |
Expiration Date 4/ |
Amount
Agreed |
Amount
Drawn |
Amount
Outstanding |
|---|---|---|---|---|---|
| Standby Arrangement | Jan 31, 1992 | Mar 31, 1993 | 91,980 | 18,396 | 0 |
| Standby Arrangement | Jul 20, 1990 | Mar 31, 1991 | 100,000 | 48,000 | 0 |
| Standby Arrangement | Aug 30, 1988 | Dec 31, 1989 | 210,000 | 210,000 | 0 |
| Standby Arrangement | Dec 16, 1986 | Apr 30, 1988 | 230,000 | 230,000 | 0 |
| Standby Arrangement | Sep 12, 1985 | Dec 15, 1986 | 200,000 | 10,000 | 0 |
| Standby Arrangement | Sep 16, 1983 | Mar 15, 1985 | 300,000 | 300,000 | 0 |
| Standby Arrangement | Apr 26, 1982 | Apr 25, 1983 | 281,250 | 281,250 | 0 |
| Extended Fund Facility | Mar 09, 1981 | Apr 25, 1982 | 817,050 | 136,500 | 0 |
| Extended Fund Facility | Oct 08, 1980 | Mar 08, 1981 | 810,000 | 147,000 | 0 |
| Standby Arrangement | Mar 18, 1971 | Mar 17, 1972 | 30,000 | 8,250 | 0 |
| Standby Arrangement | Dec 15, 1969 | Dec 14, 1970 | 25,000 | 10,000 | 0 |
| Standby Arrangement | Oct 27, 1968 | Oct 26, 1969 | 27,000 | 10,000 | 0 |
| Standby Arrangement | Oct 27, 1967 | Oct 26, 1968 | 50,000 | 50,000 | 0 |
| Standby Arrangement | Sep 23, 1966 | Sep 22, 1967 | 50,000 | 0 | 0 |
| Standby Arrangement | Sep 23, 1965 | Sep 22, 1966 | 45,000 | 0 | 0 |
| Standby Arrangement | Nov 15, 1959 | Nov 14, 1960 | 25,000 | 0 | 0 |
| Total | 3,292,280 | 1,459,396 | 0 | ||
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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. |
Morocco Financial Position in the Fund