Cape Verde: Second Review Under the Policy Support Instrument: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

June 26, 2007

Preview Citation

Format: Chicago

Cape Verde: Second Review Under the Policy Support Instrument: Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde, (USA: International Monetary Fund, 2007) accessed November 21, 2024

Summary

The staff report for the Second Review under the Policy Support Instrument (PSI) of Cape Verde discusses the macroeconomic framework and recent developments. Cape Verde’s economic program under the PSI is designed to help the country prepare for the opportunities and challenges associated with its graduation from the United Nations least-developed-country (LDC) status in 2008. IMF staff recommended, and the authorities agreed, that a comprehensive medium-term investment plan be prepared, including for state-owned enterprises. This approach would support prioritization of public investment and the planning needed to secure concessional external financing.

Subject: Central Banks, Expenditure, External debt, Financial regulation and supervision, Money

Keywords: Arrears, Authorities' effort, Cape Verde's PSI, Cape Verdian authorities, CR, Credit, Fiscal policy, Government, Government transfer, International reserves, ISCR, Net, PSI-supported program

Publication Details

Pages:

42
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2007/223
Stock No:

1CPVEA2007002
ISBN:

9781451809459
ISSN:

1934-7685

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