International Monetary Fund
Comoros: History of Lending Commitments
as of February 29, 2024

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    Jun 01, 2023    May 31, 2027 32,040 7,120 7,120
Rapid Financing Instrument    Apr 22, 2020    Apr 24, 2020 5,927 5,927 3,705
Rapid Credit Facility    Apr 22, 2020    Apr 24, 2020 2,973 2,973 2,973
Rapid Credit Facility    Jul 24, 2019    Aug 01, 2019 2,973 2,973 2,973
Rapid Financing Instrument    Jul 24, 2019    Jul 26, 2019 5,927 5,927 1,482
Extended Credit Facility    Sep 21, 2009    Dec 23, 2013 13,573 13,573 0
Structural Adjustment Facility Commitment    Jun 21, 1991    Jun 20, 1994 3,150 2,250 0
Total 66,563 40,743 18,252

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.

Comoros Financial Position in the Fund