European Parliament Library

Cape Verde :, 2010 Article IV Consultation and Request for a 15-Month Policy Support Instrument-Staff Report; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde

Abstract
Cape Verde has demonstrated notable economic and policy resilience. The public investment program should be completed, but new external borrowing should be limited to restore fiscal buffers. The monetary policy framework could be improved in the medium term. The Bank of Cape Verde should step up efforts to safeguard the financial system and to develop the government securities market. Improving economic and financial statistics to facilitate better monitoring and analysis of developments to guide policy formulation is needed in Cape Verde
Table Of Contents
Cover; Contents; I. Introduction; II. Recent Developments and Outlook; A. Recovering from the Global Slowdown; Boxes; 1. Successes of the Previous PSI; 2. Assessment of the Exchange Rate; B. Risks to the Outlook; III. Policy Discussions: Rebuilding Buffers and Developing Markets; A. Fiscal Policy: Improving Infrastructure While Maintaining Fiscal Sustainability; B. Monetary Policy: Building and Stabilizing Reserves; C. Safeguarding Financial Stability and Developing Markets; D. Reducing Fiscal Risk in State-Owned Enterprises; E. Social Policies to Protect the Vulnerable
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (79 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613878625

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