## Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note

_IMF Staff Country Reports, July 24, 2008_

## Source details

**Canonical URL:** [Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note](https://www.imf.org/en/publications/cr/issues/2016/12/31/cape-verde-growth-and-poverty-reduction-strategy-paper-ii-2008-11-joint-staff-advisory-note-22196)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/cape-verde-growth-and-poverty-reduction-strategy-paper-ii-2008-11-joint-staff-advisory-note-22196/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/cape-verde-growth-and-poverty-reduction-strategy-paper-ii-2008-11-joint-staff-advisory-note-22196/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/cape-verde-growth-and-poverty-reduction-strategy-paper-ii-2008-11-joint-staff-advisory-note-22196/bundle-manifest.json)

## Bibliographic details
- Published: July 24, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451809497.002

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### Summary
- Focus: Joint Staff Advisory Note on the Poverty Reduction Strategy Paper–II for Cape Verde.
- Main point: Important progress was made in poverty reduction, but rural poverty still remains high.
- Millennium Development Goal status: The strategy reports that Cape Verde is on track to meet the Millennium Development Goal of halving extreme poverty by 2015.
- Remaining challenge: The gap between urban and rural income growth is still wide; efforts to raise rural incomes further and a more effective design of social inclusion programs are needed.

### Major findings
- Progress in poverty reduction has been important and measurable.
- Rural poverty remains high despite overall progress.
- Urban-rural income growth disparity persists and is sizable enough to warrant targeted interventions.

### Policy implications and recommendations
- Raise rural incomes further through targeted policies and programs.
- Design more effective social inclusion programs to address remaining pockets of poverty and to close the urban-rural income gap.

### Subject areas and keywords
- Subject: Economic sectors, Education, National accounts, Poverty
- Keywords: CR, Energy sector, Global, Infrastructure, ISCR, monetary management, open economy, outcome indicator, poverty diagnosis, poverty pocket, Poverty reduction, Poverty reduction strategy, reduction expenditure, state, Sub-Saharan Africa

*Source: Cape Verde: Growth and Poverty Reduction Strategy Paper II (2008-11) Joint Staff Advisory Note, July 24, 2008.*

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## Content in this bundle

- **The Cape Verde authorities’ second Growth and Poverty Reduction Strategy**
  - [The Cape Verde authorities’ second Growth and Poverty Reduction Strategy (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08244.pdf.md){rel="alternate" type="text/markdown"}
  - [The Cape Verde authorities’ second Growth and Poverty Reduction Strategy (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2008/_cr08244.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/cape-verde-growth-and-poverty-reduction-strategy-paper-ii-2008-11-joint-staff-advisory-note-22196_