Cape Verde: Eight Review Under the Policy Support Instrument: Staff Report; Press Release
Electronic Access:
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Summary:
Cape Verde’s economic and policy performance remains strong. Growth is expected to recover gradually in the next few years. The global economic slowdown has affected the performance of the onshore banking sector. Risks to the outlook are broadly balanced. Executive Directors support the strategy of public investment in infrastructure to crowd in private sector development. The government will need to manage carefully its debt to maintain its low risk of debt distress. The ongoing efforts to strengthen the financial sector regulation and supervision are commended.
Series:
Country Report No. 2010/218
Subject:
Central Banks External debt Money
Notes:
English
Publication Date:
July 16, 2010
ISBN/ISSN:
9781455203819/1934-7685
Stock No:
1CPVEA2010001
Pages:
46
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