International Monetary Fund
Benin: 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 14, 2023    Jan 07, 2026 148,560 0 0
Extended Fund Facility    Jul 08, 2022    Jan 07, 2026 322,709 246,000 246,000
Extended Credit Facility    Jul 08, 2022    Jan 07, 2026 161,349 123,000 123,000
Rapid Financing Instrument    Dec 21, 2020    Dec 23, 2020 82,537 82,537 82,537
Rapid Credit Facility    Dec 21, 2020    Dec 23, 2020 41,263 41,263 41,263
Extended Credit Facility    Apr 07, 2017    May 19, 2020 187,433 187,433 177,883
Extended Credit Facility    Jun 14, 2010    Jun 03, 2014 74,280 74,280 1,061
Extended Credit Facility    Aug 05, 2005    Jun 30, 2009 24,770 24,770 0
Extended Credit Facility    Jul 17, 2000    Mar 31, 2004 27,000 27,000 0
Extended Credit Facility    Aug 28, 1996    Jul 16, 2000 27,180 16,308 0
Extended Credit Facility    Jan 25, 1993    May 21, 1996 51,890 51,890 0
Structural Adjustment Facility Commitment    Jun 16, 1989    Jun 15, 1992 21,910 15,650 0
Total 1,170,881 890,131 671,744

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.

Benin Financial Position in the Fund