Cabo Verde: Financial Position in the Fund as of July 31, 2021 |
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Summary of IMF members' quota, reserve tranche position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and historical transactions with the IMF.
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I. Membership Status: Joined: November 20, 1978; | Article VIII |
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V. Latest Financial Commitments: | Arrangements:
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| Date of | Expiration | Amount Approved | Amount Drawn | Type | Arrangement | Date | (SDR Million) | (SDR Million) | ECF 1/ | Apr 10, 2002 | Jul 31, 2005 | 8.64 | 8.64 | Stand-By | Feb 20, 1998 | Mar 15, 2000 | 2.50 | 0.00 | 1/ Formerly PRGF. |
Outright Loans:
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| Date of | Date | Amount Approved | Amount Drawn | Type | Commitment | Drawn/Expired | (SDR Million) | (SDR Million) | RCF | Apr 22, 2020 | Apr 24, 2020 | 23.70 | 23.70 | 1/ Undrawn outright disbursements (RFI and RCF) expire automatically 60 days following the date of commitment, i.e. Board approval date. |
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VI. Overdue Obligations and Projected Payments to Fund 2/ | (SDR Million; based on existing use of resources and present holdings of SDRs): | | Forthcoming | | | 2021 | 2022 | 2023 | 2024 | 2025 | Principal |
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| 2.37 | Charges/Interest |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | Total |
| 0.00 | 0.00 | 0.00 | 0.00 | 2.37 |
| 2/ When a member has overdue financial obligations outstanding for more than three months, the amount of such arrears will be shown in this section. |
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VII. Implementation of HIPC Initiative: Not Applicable |
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VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
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IX. Implementation of Catastrophe Containment and Relief (CCR): Not Applicable | As of February 4, 2015, the Post-Catastrophe Debt Relief Trust has been transformed to the Catastrophe Containment and Relief (CCR) Trust. |
| Prepared by Finance Department |
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