Cape Verde Poverty Reduction Strategy Paper—Joint Staff Advisory Note

This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Cape Verde. The PRSP presents an appropriately ambitious economic outlook, with real GDP growth projected to rise to 7 percent in 2007. The overall macroeconomic framework of the PRSP is based on a rising prima...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2005
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Joint Staff Advisory Note focuses on the Poverty Reduction Strategy Paper (PRSP) for Cape Verde. The PRSP presents an appropriately ambitious economic outlook, with real GDP growth projected to rise to 7 percent in 2007. The overall macroeconomic framework of the PRSP is based on a rising primary recurrent surplus and on the buildup of international reserves to back the exchange rate peg. But underlying this framework are assumptions of a containment of contingent liabilities, especially from planned privatizations, and a substantial increase in external support
Physical Description:7 pages
ISBN:9781451809398