Cabo Verde: Sixth Review Under the Extended Credit Facility Arrangement, Request for Extension and Augmentation of the Arrangement, Request for Extension of the Arrangement Under the Resilience and Sustainability Facility, Rephasing of Availability Da

Sixth Review Under the Extended Credit Facility Arrangement, Request for Extension and Augmentation of the Arrangement, Request for Extension of the Arrangement Under the Resilience and Sustainability Facility, Rephasing of Availability Dates, and Modification of a Reform Measure-Press Release; Staff Report; and Statement by the Executive Director for Cabo Verde

Cabo Verde: Sixth Review Under the Extended Credit Facility Arrangement, Request for Extension and Augmentation of the Arrangement, Request for Extension of the Arrangement Under the Resilience and Sustainability Facility, Rephasing of Availability Dates

Volume/Issue: Volume 2025 Issue 274

Publication date: September 2025

ISBN: 9798229025690

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Topics covered in this book

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Banks and Banking , Exports and Imports , Finance , Money and Monetary Policy , Public Finance , Environmental Economics , Debt sustainability , Fiscal stance , Financial sector stability , Climate change , Credit , Central bank policy rate , Fiscal risks , Debt service

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Summary

Cabo Verde’s economy continues to perform well. The authorities have successfully maintained macroeconomic and financial stability and remain committed to the program objectives. Economic growth in 2024 was strong at 7.3 percent fueled by tourism, with low 1.0 percent inflation and a current account surplus.