Cabo Verde: Fifth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Quantitative Performance Criterion, Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustain
Fifth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Quantitative Performance Criterion, Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Cabo Verde
Cabo Verde: Fifth Review Under the Extended Credit Facility Arrangement, Request for a Waiver of Nonobservance of Quantitative Performance Criterion, Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement
Volume/Issue:
Volume 2025
Issue 043
Publication date: February 2025
ISBN: 9798229001496
$20.00
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Topics covered in this book
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Exports and Imports , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Environmental Economics , RSF reform , state-owned enterprise reforms stall , climate governance , BCV reserve , RSF arrangement , import growth , Debt sustainability analysis , Debt service , Fiscal risks , Global
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Summary
Cabo Verde's recent strong economic growth is driven by tourism, exports, private consumption, and remittances, but hampered by slow government investment. The government has maintained macro-financial stability but faces risks from global uncertainties, supply chain issues, and commodity price fluctuations.
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