IMF Staff Country Reports

Cape Verde: Poverty Reduction Strategy Paper—Joint Staff Advisory Note

April 22, 2005

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Cape Verde: Poverty Reduction Strategy Paper—Joint Staff Advisory Note, (USA: International Monetary Fund, 2005) accessed November 21, 2024

Summary

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Cape Verde. The PRSP presents an appropriately ambitious economic outlook, with real GDP growth projected to rise to 7 percent in 2007. The overall macroeconomic framework of the PRSP is based on a rising primary recurrent surplus and on the buildup of international reserves to back the exchange rate peg. But underlying this framework are assumptions of a containment of contingent liabilities, especially from planned privatizations, and a substantial increase in external support.

Subject: Education, Health, Poverty

Keywords: Africa, CR, Discussion of expenditure management, Global, Government, Government's reform strategy, Growth sector, Health care, ISCR, Policy option, Policy reform, Poverty, Poverty reduction strategy

Publication Details

  • Pages:

    7

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2005/136

  • Stock No:

    1CPVEA2005003

  • ISBN:

    9781451809398

  • ISSN:

    1934-7685