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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 |
|---|---|---|---|---|---|
| Precautionary and Liquidity Line | Jan 19, 2021 | Jan 18, 2023 | 1,884,000 | 0 | 0 |
| Rapid Financing Instrument | Apr 15, 2020 | May 15, 2020 | 376,800 | 376,800 | 376,800 |
| Standby Arrangement | Jun 30, 2000 | Mar 29, 2002 | 64,000 | 0 | 0 |
| Extended Fund Facility | Dec 10, 1997 | Jun 29, 2000 | 120,000 | 40,000 | 0 |
| Standby Arrangement | Nov 29, 1995 | Mar 31, 1997 | 84,300 | 84,300 | 0 |
| Standby Arrangement | Feb 24, 1992 | Sep 23, 1994 | 74,170 | 54,570 | 0 |
| Standby Arrangement | Jul 15, 1985 | Mar 31, 1987 | 90,000 | 90,000 | 0 |
| Standby Arrangement | Jun 24, 1983 | Dec 31, 1984 | 150,000 | 150,000 | 0 |
| Standby Arrangement | Apr 28, 1982 | Apr 27, 1983 | 29,700 | 0 | 0 |
| Standby Arrangement | Apr 18, 1980 | Dec 31, 1981 | 90,000 | 75,250 | 0 |
| Standby Arrangement | Mar 23, 1979 | Mar 22, 1980 | 30,000 | 0 | 0 |
| Standby Arrangement | Jun 09, 1978 | Mar 22, 1979 | 25,000 | 0 | 0 |
| Standby Arrangement | Apr 06, 1977 | Apr 05, 1978 | 11,250 | 0 | 0 |
| Standby Arrangement | Nov 08, 1975 | Nov 07, 1976 | 9,000 | 0 | 0 |
| Standby Arrangement | Oct 16, 1974 | Oct 15, 1975 | 9,000 | 0 | 0 |
| Standby Arrangement | Aug 03, 1973 | Aug 02, 1974 | 9,000 | 0 | 0 |
| Standby Arrangement | Jun 22, 1972 | Jun 21, 1973 | 9,000 | 0 | 0 |
| Standby Arrangement | Mar 23, 1971 | Mar 22, 1972 | 14,000 | 0 | 0 |
| Standby Arrangement | Feb 03, 1970 | Feb 02, 1971 | 10,000 | 0 | 0 |
| Standby Arrangement | Jan 16, 1969 | Jan 15, 1970 | 3,200 | 2,200 | 0 |
| Standby Arrangement | May 08, 1968 | Jan 16, 1969 | 3,000 | 3,000 | 0 |
| Standby Arrangement | Jul 26, 1965 | Jul 25, 1966 | 7,000 | 0 | 0 |
| Total | 3,102,420 | 876,120 | 376,800 | ||
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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. |
Panama Financial Position in the Fund