European Parliament Library

Cape Verde :, Eight Review Under the Policy Support Instrument: Staff Report; Press Release

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
Table Of Contents
Cover; Contents; I. Background and PSI performance; A. Recent Developments and Outlook; B. Policy Response; C. Program Performance; II. Policy discussions; A. Fiscal policy: Balancing Investment-Led Growth with Debt Sustainability; B. Monetary Policy: Cautiously Lowering Policy Rates; C. Financial Sector Strategy: One Banking Law; III. Program Monitoring and PSI Engagement; IV. Staff Appraisal; Figures; 1. Fiscal Performance; 2. Monetary Developments; 3. External Sector; Tables; 1. Selected Indicators; 2. Fiscal Operations of the Central Government
Literary Form
non fiction
"July 2010"
Physical Description
1 online resource (47 p.)
Specific Material Designation
Form Of Item

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