Cabo Verde: Financial Position in the Fund
as of February 29, 2024 |
|
|
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.
|
|
| I. Membership Status: Joined: November 20, 1978; | Article VIII |
|
|
|
|
|
|
|
|
|
|
|
| V. Latest Financial Commitments: |
Arrangements:
|
| Date of | Expiration | Amount Approved | Amount Drawn | | Type | Arrangement | Date | (SDR Million) | (SDR Million) | | ECF | Jun 15, 2022 | Jun 14, 2025 | 45.03 | 31.52 | | RSF | Dec 11, 2023 | Jun 14, 2025 | 23.70 | 0.00 | | ECF 1/ | Apr 10, 2002 | Jul 31, 2005 | 8.64 | 8.64 |
1/ Formerly PRGF. |
Outright Loans:
|
| 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. |
|
|
| VI. Overdue Obligations and Projected Payments to Fund 2/ | | (SDR Million; based on existing use of resources and present holdings of SDRs): | | | Forthcoming | | | | 2024 | 2025 | 2026 | 2027 | 2028 | | Principal |
|
| 2.37 | 4.74 | 5.87 | 8.57 | | Charges/Interest |
| 0.97 | 1.30 | 1.30 | 1.30 | 1.30 | | Total |
| 0.97 | 3.67 | 6.04 | 7.17 | 9.87 |
| | 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. |
|
|
|
| VII. Implementation of HIPC Initiative: Not Applicable |
|
|
| VIII. Implementation of Multilateral Debt Relief Initiative (MDRI): Not Applicable |
|
|
| 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 |
|
