International Monetary Fund
St. Vincent and the Grenadines: History of Lending Commitments
as of May 31, 2020

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
Rapid Credit Facility    May 20, 2020    May 22, 2020 11,700 11,700 11,700
Rapid Credit Facility    Aug 01, 2014    Aug 12, 2014 2,075 2,075 1,868
Rapid Financing Instrument    Aug 01, 2014    Aug 06, 2014 2,075 2,075 0
Rapid Credit Facility    Jul 25, 2011    Aug 03, 2011 1,245 1,245 374
Rapid Credit Facility    Feb 28, 2011    Mar 08, 2011 2,075 2,075 415
Total 19,170 19,170 14,356

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.

St. Vincent and the Grenadines Financial Position in the Fund