International Monetary Fund
Barbados: 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
Resilience and Sustainability Facility    Dec 07, 2022    Dec 06, 2025 141,750 56,700 56,700
Extended Fund Facility    Dec 07, 2022    Dec 06, 2025 85,050 42,525 42,525
Extended Fund Facility    Oct 01, 2018    Jun 17, 2022 322,000 322,000 313,250
Standby Arrangement    Feb 07, 1992    May 31, 1993 23,890 14,670 0
Standby Arrangement    Oct 01, 1982    May 31, 1984 31,875 31,875 0
Total 604,565 467,770 412,476

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.

Barbados Financial Position in the Fund