Cape Verde: 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

July 24, 2008

Preview Citation

Format: Chicago

Cape Verde: 2008 Article IV Consultation and Fourth Review Under the Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde, (USA: International Monetary Fund, 2008) accessed November 24, 2024

Summary

Over the last several years, Cape Verde has achieved a major economic transformation that is a tribute to its sound homegrown economic reform program. This 2008 Article IV Consultation highlights that real per capita GDP in Cape Verde has increased on average by more than 7 percent a year since 2001, faster than most small island economies and the average for sub-Saharan Africa. Policy implementation under the Policy Support Instrument (PSI) is also strong. All PSI quantitative assessment criteria for end-December 2007 were met with wide margins.

Subject: Economic and financial statistics, Economic sectors, Money, National accounts

Keywords: Africa, Authority, Balance of payments statistics, Cape Verdean authorities, Cape Verde's PSI, CR, Credit, Global, Government finance statistics, Growth prospect, IMF's framework, ISCR, Monetary management, Policy agenda, PSI-supported program, Sub-Saharan Africa, Tourism

Publication Details

Pages:

75
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2008/248
Stock No:

1CPVEA2008005
ISBN:

9781451809503
ISSN:

1934-7685

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