{
  "title": "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",
  "publication": "IMF Staff Country Reports, September 25, 2006",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/cape-verde-2006-article-iv-consultation-and-request-for-a-three-year-policy-support-19901",
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  "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.",
  "sections": [
    {
      "heading": "Summary and main findings",
      "content": "- Cape Verde’s economic and policy performance remains sound under the Poverty Reduction and Growth Facility (PRGF) arrangement supported by Policy Support Instrument (PSI).\n- Executive Directors commended the prudent macroeconomic policies and structural reforms.\n- Emphasis on strengthening economic management through building capacity in fiscal management and policy formulation.\n- Particular attention advised to:\n  - improving the public sector and regulatory reforms;\n  - strengthening the regulatory framework for the energy sector;\n  - strengthening the regulatory framework for the financial sector."
    },
    {
      "heading": "Policy recommendations and priorities",
      "content": "- Strengthen capacity in fiscal management and policy formulation.\n- Implement public sector reforms and enhance regulatory frameworks.\n- Reinforce regulation for the energy sector (Electra is noted in keywords).\n- Reinforce regulation for the financial sector.\n- Continue prudent macroeconomic policies and structural reforms under the PRGF/PSI framework."
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects: Central banks, Expenditure, External debt, Money, Public debt\n- 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\n\n---\n\n Content in this bundle\n\n- Cape Verde — IMF staff report content unit cr06334\n  - Cape Verde — IMF staff report content unit cr06334 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Cape Verde — IMF staff report content unit cr06334 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: September 25, 2006",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451809435.002",
    "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.",
    "Emphasis on strengthening economic management through building capacity in fiscal management and policy formulation.",
    "Particular attention advised to:",
    "Strengthen capacity in fiscal management and policy formulation.",
    "Implement public sector reforms and enhance regulatory frameworks.",
    "Reinforce regulation for the energy sector (Electra is noted in keywords).",
    "Reinforce regulation for the financial sector.",
    "Continue prudent macroeconomic policies and structural reforms under the PRGF/PSI framework.",
    "Subjects: 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",
    "**Cape Verde — IMF staff report content unit _cr06334**"
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