Stand-by Arrangement Sample Contracts

Argentina-IMF Agreement
Stand-by Arrangement • June 14th, 2018

• This program will allow us to navigate the financial challenges ahead minimizing the impact on domestic economic activity

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IMF Team and Ukraine’s Authorities Reach Staff-Level Agreement on the First Review of the Stand-By Arrangement
Stand-by Arrangement • October 18th, 2021

• IMF staff team and Ukrainian authorities reached a staff-level agreement on policies to support the country’s reforms in the context of the Stand-by Arrangement (SBA).

PAKISTAN-IMF STAFF LEVEL AGREEMENT
Stand-by Arrangement • July 3rd, 2023

Following long and inordinate delays and a push at the 11th hour, Pakistan has finally been able to reach Staff Level Agreement (SLA) with the IMF on a USD 3Bn Stand-By Arrangement (SBA). The agreement will be subject to approval from the IMF’s Execu- tive Board which is expected to meet around mid-July. The long awaited agreement which has been delayed by around 8 months comes right at the tail end of the pro- gram tenure which was set to run until Jun 30th, 2023. Amid a combination of sover- eign default risk looming large, dwindling forex reserves, weakening PKR, runaway inflation and historic interest rates, the agreement comes as a sigh of relief for the short term but also with a reminder that structural reforms are the need of the hour. We expect KSE–100 to cheer the agreement having been marred by thin participation and weak investor sentiment with improved confidence amid reduced macroeconom- ic concerns, at least in the short-term.

STAND-BY ARRANGEMENT BETWEEN COLOMBIA AND THE INTERNATIONAL MONETARY FUND‌
Stand-by Arrangement • January 14th, 2004

The government remains fully committed to promoting faster sustainable and equitable economic growth through the implementation of its economic program for 2003–04, which is being supported by the two-year Stand-By Arrangement (SBA) approved by the Fund in January 2003.

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