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Cape Verde :, First Review Under the Policy Support Instrument

This paper discusses key findings of the First Review Under the Policy Support Instrument (PSI) for Cape Verde. The PSI seeks to reduce macroeconomic risks, provides a margin of safety against exogenous shocks, and addresses the prospect of a longer-term decline in highly concessional external support. Economic and policy performance remains strong. Growth projections for 2006 and 2007 have been revised upward, international reserves are accumulating rapidly, and inflation is falling more quickly than expected. The authorities reaffirm their commitment to the PSI policy objectives
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Developments and Performance Under the PSI; Figures; 1. CPI Inflation Rates, 2002-06; 2. Exchange Rates, 1999-2006; 3. Selected Macroeconomic Indicators, 1995-06; 4. Selected Monetary Indicators, 2000-06; Box; 1. Update on Electra; III. Report on the Discussions; A. Near-Term Outlook and Macroeconomic Framework for 2007; 5. CPI Inflation Rates; B. Structural Fiscal Issues; C. Monetary Operations; D. Energy and Water Sector Issues; E. Financing Flexibility, Debt Management, and Project Appraisal; IV. Program Monitoring
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (63 p.)
Specific Material Designation
Form Of Item

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