IMF Staff Country Reports

Cape Verde: 2006 Article IV Consultation and Request for a Three-Year Policy Support Instrument—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

September 25, 2006

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Cape Verde: 2006 Article IV Consultation and Request for a Three-Year Policy Support Instrument—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde, (USA: International Monetary Fund, 2006) accessed November 3, 2024

Summary

Cape Verde’s economic and policy performance remains sound under the Poverty Reduction and Growth Facility (PRGF) arrangement supported by Policy Support Instrument (PSI). Executive Directors commended the prudent macroeconomic policies and structural reforms. They emphasized the need for strengthening economic management through building capacity in fiscal management and policy formulation. They advised that particular attention should be given to improving the public sector and regulatory reforms, and strengthening the regulatory framework for the energy and financial sectors.

Subject: Central Banks, Expenditure, External debt, Money, Public debt

Keywords: ADP, Arrears, Cape Verde government, Cape Verdean authorities, CR, Credit, E-government initiative, Electra, Global, Government, Government of Cape Verde, Government of the United Kingdom, IMF endorsement, International reserves, ISCR, PSI framework

Publication Details

  • Pages:

    93

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/334

  • Stock No:

    1CPVEA2006004

  • ISBN:

    9781451809435

  • ISSN:

    1934-7685