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Cape Verde: Financial Position in the Fund
as of December 31, 2002

Summary of IMF members’ quota, reserve position, SDR holdings, outstanding credit, recent lending arrangements, projected payments due to the IMF, and monthly historical transactions with the Fund.

    I. Membership Status: Joined: November 20, 1978;Article XIV

  II. General Resources Account:SDR Million%Quota
       Quota9.60100.00
       Fund holdings of currency (Exchange Rate)9.6099.96
       Reserve Tranche Position0.000.05

III. SDR Department:SDR Million%Allocation
       Net cumulative allocation0.62100.00
       Holdings0.000.17

 IV. Outstanding Purchases and Loans:SDR Million%Quota
      ECF Arrangements2.4625.63

  V. Latest Financial Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Apr 10, 2002  Apr 09, 20058.64    2.46
      Stand-By  Feb 20, 1998  Mar 15, 20002.50    0.00
 1/ Formerly PRGF.

VI. Projected Payments to Fund  2/
   (SDR Million; based on existing use of resources and present holdings of SDRs):
                                       Forthcoming                                      
         2003  2004  2005  2006  2007 
  Principal




0.12
  Charges/Interest
0.020.020.020.020.02
   Total
0.020.020.020.020.15
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 Post-Catastrophe Debt Relief (PCDR):  Not Applicable

Prepared by Finance Department

Disclaimer
The information provided is for your convenience and is not intended to replace other official IMF reports and statements.