International Monetary Fund
Sao Tome & Principe: History of Lending Commitments
as of December 31, 2021

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    Oct 02, 2019    Feb 01, 2023 14,800 9,091 9,091
Rapid Credit Facility    Apr 21, 2020    Apr 23, 2020 9,028 9,028 9,028
Extended Credit Facility    Jul 13, 2015    Dec 31, 2018 4,440 3,806 3,552
Extended Credit Facility    Jul 20, 2012    Jul 13, 2015 2,590 1,110 296
Extended Credit Facility    Mar 02, 2009    Mar 01, 2012 2,590 740 0
Extended Credit Facility    Aug 01, 2005    Jul 03, 2008 2,960 2,960 0
Extended Credit Facility    Apr 28, 2000    Apr 27, 2003 6,657 1,902 0
Structural Adjustment Facility Commitment    Jun 02, 1989    Jun 01, 1992 2,800 800 0
Total 45,865 29,438 21,968

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.

Sao Tome & Principe Financial Position in the Fund