Cabo Verde: Sixth Review Under the Extended Credit Facility Arrangement, Request for Extension and Augmentation of the Arrangement, Request for Extension of the Arrangement Under the Resilience and Sustainability Facility, Rephasing of Availability Dates, and Modification of a Reform Measure-Press Release; Staff Report; and Statement by the Executive Director for Cabo Verde
IMF Staff Country Reports, September 19, 2025
Source details
- Canonical URL
- Cabo Verde: Sixth Review Under the Extended Credit Facility Arrangement, Request for Extension and Augmentation of the Arrangement, Request for Extension of the Arrangement Under the Resilience and Sustainability Facility, Rephasing of Availability Dates, and Modification of a Reform Measure-Press Release; Staff Report; and Statement by the Executive Director for Cabo Verde
Other formats
Bibliographic details
- Published: September 19, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229025690.002
Economic performance and program status
- Cabo Verde’s economy continues to perform well.
- The authorities have successfully maintained macroeconomic and financial stability and remain committed to the program objectives.
- Economic growth in 2024 was strong at 7.3 percent fueled by tourism.
- Inflation in 2024 was low at 1.0 percent.
- The current account position was a surplus in 2024.
Program actions and requests
- Sixth review conducted under the Extended Credit Facility (ECF) arrangement.
- Request for extension and augmentation of the ECF arrangement.
- Request for extension of the arrangement under the Resilience and Sustainability Facility (RSF).
- Rephasing of availability dates.
- Modification of a reform measure.
Policy focus and subject coverage
- Subject areas: Debt sustainability, External debt, Fiscal risks, Public debt, Public financial management (PFM), Revenue administration.
- Keywords: climate governance, Debt sustainability, ECF ARRANGEMENT, Fiscal risks, Global, policy guidance, RSF arrangement, RSF reform measures.
Content in this bundle
- Cabo Verde: IMF Staff Report Excerpt