Cape Verde : First Review Under the Policy Support Instrument

Author/Editor:

International Monetary Fund

Publication Date:

February 1, 2007

Electronic Access:

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Summary:

This paper discusses key findings of the First Review Under the Policy Support Instrument (PSI) for Cape Verde. The PSI seeks to reduce macroeconomic risks, provides a margin of safety against exogenous shocks, and addresses the prospect of a longer-term decline in highly concessional external support. Economic and policy performance remains strong. Growth projections for 2006 and 2007 have been revised upward, international reserves are accumulating rapidly, and inflation is falling more quickly than expected. The authorities reaffirm their commitment to the PSI policy objectives.

Series:

Country Report No. 07/44

Subject:

English

Publication Date:

February 1, 2007

ISBN/ISSN:

9781451809442/1934-7685

Stock No:

1CPVEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

62

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