International Monetary Fund
Pakistan: History of Lending Commitments
as of January 31, 2006

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    Dec 06, 2001    Dec 05, 2004 1,033,700 861,420 861,420
Standby Arrangement    Nov 29, 2000    Sep 30, 2001 465,000 465,000 0
Extended Fund Facility    Oct 20, 1997    Oct 19, 2000 454,920 113,740 52,132
Extended Credit Facility    Oct 20, 1997    Oct 19, 2000 682,380 265,370 125,103
Standby Arrangement    Dec 13, 1995    Sep 30, 1997 562,590 294,690 0
Extended Credit Facility    Feb 22, 1994    Dec 13, 1995 606,600 172,200 0
Extended Fund Facility    Feb 22, 1994    Dec 04, 1995 379,100 123,200 0
Standby Arrangement    Sep 16, 1993    Feb 22, 1994 265,400 88,000 0
Structural Adjustment Facility Commitment    Dec 28, 1988    Dec 27, 1991 382,410 382,410 0
Standby Arrangement    Dec 28, 1988    Nov 30, 1990 273,150 194,480 0
Extended Fund Facility    Dec 02, 1981    Nov 23, 1983 919,000 730,000 0
Extended Fund Facility    Nov 24, 1980    Dec 01, 1981 1,268,000 349,000 0
Standby Arrangement    Mar 09, 1977    Mar 08, 1978 80,000 80,000 0
Standby Arrangement    Nov 11, 1974    Nov 10, 1975 75,000 75,000 0
Standby Arrangement    Aug 11, 1973    Aug 10, 1974 75,000 75,000 0
Standby Arrangement    May 18, 1972    May 17, 1973 100,000 84,000 0
Standby Arrangement    Oct 17, 1968    Oct 16, 1969 75,000 75,000 0
Standby Arrangement    Mar 16, 1965    Mar 15, 1966 37,500 37,500 0
Standby Arrangement    Dec 08, 1958    Sep 22, 1959 25,000 0 0
Total 7,759,750 4,466,010 1,038,655

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.

Pakistan Financial Position in the Fund