International Monetary Fund
Iraq: History of Lending Commitments
as of June 30, 2011

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    Feb 24, 2010    Jul 23, 2012 2,376,800 1,069,560 1,069,560
Standby Arrangement    Dec 19, 2007    Mar 18, 2009 475,360 0 0
Standby Arrangement    Dec 23, 2005    Dec 18, 2007 475,360 0 0
Total 3,327,520 1,069,560 1,069,560

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.

Iraq Financial Position in the Fund