Cabo Verde: Third Review Under the Policy Coordination Instrument-Press Release; and Staff Report
IMF Staff Country Reports, April 2, 2021
Source details
- Canonical URL
- Cabo Verde: Third Review Under the Policy Coordination Instrument-Press Release; and Staff Report
Other formats
Bibliographic details
- Published: April 2, 2021
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781513576527.002
Economic impact and outlook
- The Cabo Verdean economy is in recession as a result of the economic impact of the pandemic that has shut down the tourism and transport sectors and significantly affected the rest of the economy.
- The economic outlook remains highly uncertain and dependent upon:
- the duration of the pandemic,
- the global economic recovery,
- the authorities’ ability to support the expected economic recovery through the appropriate policies and reforms.
Public health and COVID-19 status
- The number of COVID-19 cases continues to rise with concentration in the largest island, though the recovery rate is high.
Political calendar
- Legislative and presidential elections are scheduled for April and October, respectively.
Policy implications and focus areas (as stated)
- Authorities need to support the expected economic recovery through appropriate policies and reforms.
- The report’s subjects include: COVID-19, Credit, Expenditure, Fiscal policy, Fiscal stance, Health, International organization, Monetary policy, Money, Public debt.
Publication and metadata (exact figures preserved)
- Publication date: April 2, 2021
- Pages: 65
- Volume: 2021
- Issue: 071
- Series: Country Report No. 2021/071
- DOI: https://doi.org/10.5089/9781513576527.002
- Stock No: 1CPVEA2021002
- ISBN: 9781513576527
- ISSN: 1934-7685
- Format referenced: IMF Staff Country Reports
Source: Cabo Verde: Third Review Under the Policy Coordination Instrument-Press Release; and Staff Report (April 2, 2021).
Content in this bundle
- Executive Summary