Cape Verde: Poverty Reduction Strategy Paper—Joint Staff Advisory Note

Publication Date:

April 22, 2005

Electronic Access:

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Summary:

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Cape Verde. The PRSP presents an appropriately ambitious economic outlook, with real GDP growth projected to rise to 7 percent in 2007. The overall macroeconomic framework of the PRSP is based on a rising primary recurrent surplus and on the buildup of international reserves to back the exchange rate peg. But underlying this framework are assumptions of a containment of contingent liabilities, especially from planned privatizations, and a substantial increase in external support.

Series:

Country Report No. 2005/136

Subject:

English

Publication Date:

April 22, 2005

ISBN/ISSN:

9781451809398/1934-7685

Stock No:

1CPVEA2005003

Pages:

7

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