Cape Verde: 2001 Article IV Consultation—Staff Report and Public Information Notice on the Executive Board Discussion

Publication Date:

October 3, 2001

Electronic Access:

Free Download. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

In the conclusion of the previous Article IV Consultation, Executive Directors welcomed the elimination of quantitative import restrictions and the liberalization of foreign exchange regulations, and Directors emphasized the need to consolidate the progress made in containing the fiscal imbalances by continuing with prudent expenditure policies and further strengthening the tax system and budgetary procedures. Fiscal slippages occurred in the second half of 1999 and led to pressures on the balance of payments. Structural reforms created an environment conducive to private sector activity.

Series:

Country Report No. 2001/174

Subject:

English

Publication Date:

October 3, 2001

ISBN/ISSN:

9781451809268/1934-7685

Stock No:

1CPVEA0012001

Pages:

47

Please address any questions about this title to publications@imf.org