Background & Purpose

The International Monetary Fund needs reliable financial backing from member countries to help safeguard the global economy. Sweden therefore needs to decide whether to continue its credit commitments.

Proposals & Debate

Riksbanken requested permission to extend Sweden's commitment to the IMF's temporary financing arrangement known as NAB, and to enter into a specific loan agreement worth about 44 billion Swedish kronor.

The Decision

The Swedish parliament approved the Riksbank's request to extend the credit agreements with the IMF.

Does this affect you?

  • Riksbanken: Får klartecken att ingå nya låneavtal och förlänga existerande kreditåtaganden med IMF.
  • Internationella valutafonden: Säkrar tillgången till finansiering om cirka 44 miljarder kronor från Sverige.

In Practice

  • Sweden participates in the IMF's temporary financing arrangement NAB, which is reviewed every five years.
  • A new loan agreement between the Riksbank and the IMF of 3.2 billion special drawing rights enters into force on January 1, 2025.
  • The credit agreement expires no later than December 31, 2027.
  • The Riksbank supports global economic stability through these credits.