Cape Verde: Fifth Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

January 16, 2009

Preview Citation

Format: Chicago

Cape Verde: Fifth Review Under the Policy Support Instrument: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde, (USA: International Monetary Fund, 2009) accessed November 21, 2024

Summary

This paper presents key findings of the Fifth Review under the Policy Support Instrument for Cape Verde. All quantitative assessment criteria for end-June 2008 were met. GDP growth remains generally resilient, and inflation pressures have been contained. Progress on structural measures has been steady despite delays on many measures. The authorities have scope to manage the external shocks because over the last few years, they have made faster-than-planned progress in both increasing international reserves and reducing domestic debt.

Subject: External debt, Public debt, Public financial management (PFM)

Keywords: Africa, CR, Debt management software, Debt sustainability analysis, Europe, Exchange rate peg, Financial system regulation, Fiscal policy, Global, Government debt management, ISCR, Monetary management, Monetary policy, Policy development, Prudent fiscal policy

Publication Details

Pages:

74
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2009/014
Stock No:

1CPVEA2009001
ISBN:

9781451809510
ISSN:

1934-7685

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