International Monetary Fund
Gambia, The: 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    Jan 12, 2024    Jan 11, 2027 74,640 8,290 8,290
Extended Credit Facility    Mar 23, 2020    Jun 14, 2023 70,550 70,550 70,550
Rapid Credit Facility    Apr 15, 2020    Apr 17, 2020 15,550 15,550 15,550
Rapid Credit Facility    Jun 26, 2017    Jul 05, 2017 11,663 11,663 8,164
Rapid Credit Facility    Apr 02, 2015    Apr 13, 2015 7,775 7,775 2,333
Extended Credit Facility    May 25, 2012    Mar 20, 2015 18,660 10,885 0
Extended Credit Facility    Feb 21, 2007    Mar 31, 2011 24,880 22,548 0
Extended Credit Facility    Jul 18, 2002    Jul 17, 2005 20,220 2,890 0
Extended Credit Facility    Jun 29, 1998    Dec 31, 2001 20,610 20,610 0
Extended Credit Facility    Nov 23, 1988    Nov 25, 1991 20,520 18,020 0
Structural Adjustment Facility Commitment    Sep 17, 1986    Nov 23, 1988 10,859 8,550 0
Standby Arrangement    Sep 17, 1986    Oct 16, 1987 5,130 5,130 0
Standby Arrangement    Apr 23, 1984    Apr 22, 1985 12,830 2,630 0
Standby Arrangement    Feb 22, 1982    Feb 21, 1983 16,900 16,900 0
Standby Arrangement    Nov 02, 1979    Nov 01, 1980 1,600 1,600 0
Standby Arrangement    May 18, 1977    May 17, 1978 2,530 2,530 0
Total 334,916 226,120 104,887

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.

Gambia, The Financial Position in the Fund