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

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: September 18, 1992;Article XIV

II. General Resources Account:SDR Million%Quota
       Quota160.90100.00
       IMF's Holdings of Currency (Holdings Rate)270.06167.84
       Reserve Tranche Position0.010.01

III. SDR Department:SDR Million%Allocation
       Holdings0.51N/A

IV. Outstanding Purchases and Loans:SDR Million%Quota
      Contingency and Compensatory35.2021.88
      Systemic Transformation Facility26.8116.66
      Extended Arrangements47.1529.30
      ECF Arrangements95.9559.63

V. Latest Financial Commitments:

     Arrangements:

Date ofExpirationAmount ApprovedAmount Drawn
TypeArrangementDate(SDR Million)(SDR Million)
      ECF 1/  Jul 06, 2001  Jul 05, 200480.45    16.10
      ECF 1/  Dec 20, 1996  Mar 19, 200093.60    81.90
      EFF  Dec 20, 1996  Mar 19, 200058.50    53.24

 1/ Formerly PRGF.

VI. Overdue Obligations and 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
55.9940.2932.5725.2524.45
  Charges/Interest
2.831.731.130.700.40
   Total
58.8242.0133.7025.9624.85

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

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

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