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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 |
|---|---|---|---|---|---|
| Standby Arrangement | Mar 15, 1996 | Feb 14, 1998 | 264,180 | 0 | 0 |
| Standby Arrangement | Sep 15, 1993 | Dec 14, 1994 | 340,000 | 56,700 | 0 |
| Extended Fund Facility | Feb 20, 1991 | Sep 15, 1993 | 1,114,000 | 557,235 | 258,716 |
| Standby Arrangement | Mar 14, 1990 | Feb 20, 1991 | 159,210 | 127,370 | 0 |
| Standby Arrangement | May 16, 1988 | Jun 30, 1989 | 265,350 | 215,350 | 0 |
| Standby Arrangement | Jan 13, 1984 | Jan 12, 1985 | 425,000 | 425,000 | 0 |
| Standby Arrangement | Dec 08, 1982 | Jan 07, 1984 | 475,000 | 475,000 | 0 |
| Total | 3,042,740 | 1,856,655 | 258,717 | ||
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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. |
Hungary Financial Position in the Fund