International Monetary Fund
Mongolia: History of Lending Commitments
as of December 31, 2001

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    Sep 28, 2001    Sep 27, 2004 28,490 4,070 4,070
Extended Credit Facility    Jul 30, 1997    Jul 29, 2000 33,390 17,437 17,437
Extended Credit Facility    Jun 25, 1993    Jun 24, 1996 40,810 29,680 15,768
Standby Arrangement    Oct 04, 1991    Dec 31, 1992 22,500 13,750 0
Total 125,190 64,937 37,275

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.

Mongolia Financial Position in the Fund