IMF Staff Country Reports

Cabo Verde: Request for an Extension of the Program Under the Policy Coordination Instrument

Publication Date:

January 21, 2021

Electronic Access:

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Summary:

Cabo Verde’s Policy Coordination Instrument (PCI) is due to expire on January 15, 2021. In the attached letter, the authorities request its extension through March 31, 2021. Cabo Verde’s 18-month PCI was approved by the Executive Board on July 15, 2019. Two reviews have been concluded, with the second delayed by over a month due to additional work generated by the impact of COVID-19 for staff and for the authorities. The requested extension will provide additional time to conclude the third and final review under the PCI.

Series:

Country Report No. 2021/019

Subject:

COVID-19 External debt Fiscal reporting Public debt Revenue administration

Frequency:

regular