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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 | Jul 29, 2024 | Jul 28, 2028 | 2,555,950 | 1,022,350 | 1,022,350 |
| Extended Fund Facility | Dec 20, 2019 | Dec 19, 2022 | 751,750 | 90,210 | 82,693 |
| Extended Credit Facility | Dec 20, 2019 | Sep 19, 2021 | 1,202,800 | 133,640 | 133,640 |
| Rapid Financing Instrument | Apr 30, 2020 | May 04, 2020 | 300,700 | 300,700 | 112,763 |
| Exogenous Shock Facility | Aug 26, 2009 | Nov 22, 2010 | 153,755 | 153,755 | 0 |
| Extended Credit Facility | Mar 22, 2001 | Oct 31, 2004 | 100,277 | 100,277 | 0 |
| Extended Credit Facility | Oct 11, 1996 | Oct 22, 1999 | 88,470 | 29,490 | 0 |
| Structural Adjustment Facility Commitment | Oct 28, 1992 | Nov 08, 1995 | 49,420 | 49,420 | 0 |
| Standby Arrangement | May 08, 1981 | Jun 30, 1982 | 67,500 | 67,500 | 0 |
| Total | 5,270,622 | 1,947,342 | 1,351,445 | ||
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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 |
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| The information provided is for your convenience and is not intended to replace other official IMF reports and statements. |
Ethiopia Financial Position in the Fund