International Monetary Fund
Egypt: History of Lending Commitments
as of February 28, 2021

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    Jun 26, 2020    Jun 25, 2021 3,763,640 2,605,600 2,605,600
Rapid Financing Instrument    May 11, 2020    May 13, 2020 2,037,100 2,037,100 2,037,100
Extended Fund Facility    Nov 11, 2016    Jul 29, 2019 8,596,570 8,596,570 8,596,570
Standby Arrangement    Oct 11, 1996    Sep 30, 1998 271,400 0 0
Extended Fund Facility    Sep 20, 1993    Sep 19, 1996 400,000 0 0
Standby Arrangement    May 17, 1991    May 31, 1993 234,400 147,200 0
Standby Arrangement    May 15, 1987    Nov 30, 1988 250,000 116,000 0
Extended Fund Facility    Jul 28, 1978    Jul 27, 1981 600,000 75,000 0
Standby Arrangement    Apr 20, 1977    Apr 19, 1978 125,000 105,000 0
Standby Arrangement    May 23, 1964    May 22, 1965 40,000 40,000 0
Standby Arrangement    May 07, 1962    May 06, 1963 42,500 42,500 0
Total 16,360,610 13,764,970 13,239,270

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.

Egypt Financial Position in the Fund