International Monetary Fund
Niger: History of Lending Commitments
as of December 31, 1996

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    Jun 12, 1996    Jun 11, 1999 57,960 9,660 9,660
Standby Arrangement    Mar 04, 1994    Mar 03, 1995 18,596 11,109 11,109
Extended Credit Facility    Dec 12, 1988    Dec 11, 1991 47,180 23,590 13,817
Structural Adjustment Facility Commitment    Nov 17, 1986    Dec 12, 1988 21,400 16,850 2,022
Standby Arrangement    Dec 05, 1986    Dec 04, 1987 10,110 10,110 0
Standby Arrangement    Dec 05, 1985    Dec 04, 1986 13,480 13,480 0
Standby Arrangement    Dec 05, 1984    Dec 04, 1985 16,000 16,000 0
Standby Arrangement    Oct 05, 1983    Dec 04, 1984 18,000 18,000 0
Total 202,726 118,799 36,608

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.

Niger Financial Position in the Fund