Cabo Verde : Selected Issues

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

November 29, 2016

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper examines whether the recent slowdown in private sector credit growth in Cabo Verde is demand or supply driven. Although in the late 2000s, demand factors have been the main drivers in Cabo Verde’s credit market, supply dynamics’ role has increased in recent years. For Cabo Verde to promote private sector-led growth and sustainable economic development, reforms aiming at strengthening both credit demand and supply will be essential. These include improving the business environment for the private sector as well as strengthening the financial sector by ensuring prudent banking supervision and an effective resolution of the nonperforming loan overhang.

Series:

Country Report No. 16/367

Subject:

English

Publication Date:

November 29, 2016

ISBN/ISSN:

9781475557732/1934-7685

Stock No:

1CPVEA2016002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

29

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