Get our free app for a better experience

4.9
Install Now

IMF

Watch the Latest Zinkpot Video - Turkey क्यों बना पाकिस्तान का साथी? | PAHALGAM TERROR - INDIA ने लिए ये बहुत कड़े कदम | PM-KISAN | अब क्या वसूले जाएंगे पैसे ? | WHY IS ISRAEL DESTROYING HOSPITALS? | USA-CHINA TRADE WAR से WORLD में हाहाकार ?
IMF

Major differences between EFF, SBA and RFI facilities of IMF

10 May 2025 Zinkpot 107
Major differences between EFF, SBA and RFI facilities of IMF
Feature

Extended Fund Facility (EFF)

Stand-By Arrangement (SBA)

Rapid Financing Instrument (RFI)
Main Purpose Medium- to long-term assistance for countries with structural issues and persistent balance of payments (BoP) problems. Short-term help to resolve temporary BoP gaps, including shocks like commodity price swings. Immediate financial support for countries facing urgent BoP needs (e.g. disasters, pandemics).
Launched 1974 1952 (modern format since 2009) 2011 (evolved from emergency aid tools)
Loan Duration 3 to 4 years (can extend to 5 years) Typically 12 to 24 months (up to 36 months) Disbursed in a single tranche with no formal program
Repayment Period Starts after 4.5 years, repayable over 10 years Starts after 3.25 years, repayable over 5 years Repayable in 3¼ to 5 years
Disbursement In tranches based on performance reviews and compliance Also tranche-based, linked to conditionality Single upfront disbursement (no installments)
Conditionality Level High – requires comprehensive structural reforms, regular reviews Moderate – focused on macroeconomic stabilization Minimal – only basic policy commitments needed
Focus Areas Structural reforms: fiscal, tax, energy, public enterprises, governance Macroeconomic stabilization: fiscal targets, inflation control, reserves Emergency needs: natural disasters, pandemics, commodity shocks
Use Cases Deep-rooted economic challenges needing reform-based transformation Short-term liquidity crisis, exchange rate pressure Urgent support when time or capacity doesn't allow full IMF program
Examples Pakistan (2023), Sri Lanka (2023), Ethiopia (2019) Argentina (2018),

About author

zinkpot

Zinkpot

Ask Anything, Know Better

ASK YOUR QUESTION
अपना प्रश्न पूछें
Tags imf loans Stand-By Arrangement (SBA) Rapid Financing Instrument (RFI) Extended Fund Facility (EFF)
What is the Extended Fund Facility (EFF) of the IMF?
Prev Post
BALOCHISTAN क्यों चाहता है PAKISTAN से आज़ादी
Next Post
VIEW MORE
Join Whatsapp Group