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230404 ||| eng |
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|a 9798400232022
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0 |
|a Cabo Verde
|b First Review Under the Extended Credit Facility Arrangement-Press Release; and Staff Report
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2023
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300 |
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|a 67 pages
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651 |
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4 |
|a Cabo Verde
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653 |
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|a Fiscal stance
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653 |
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|a Public Administration
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653 |
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|a Public debt
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653 |
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|a Finance
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653 |
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|a Public finance & taxation
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653 |
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|a Fiscal Policy
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653 |
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|a Debts, Public
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653 |
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|a Fiscal risks
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653 |
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|a Exports and Imports
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653 |
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|a International Lending and Debt Problems
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653 |
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|a External debt
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653 |
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|a International organization
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653 |
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|a International institutions
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653 |
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|a Public Sector Accounting and Audits
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653 |
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|a International Economics
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653 |
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|a Macroeconomics
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653 |
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|a Public financial management (PFM)
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653 |
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|a International Agreements and Observance
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653 |
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|a Revenue administration
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653 |
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|a International Organizations
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653 |
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|a Monetary economics
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653 |
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|a International agencies
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653 |
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|a Debt Management
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653 |
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|a Debt
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653 |
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|a Fiscal policy
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653 |
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|a International economics
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653 |
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|a Debts, External
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653 |
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|a Sovereign Debt
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653 |
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|a Taxation, Subsidies, and Revenue: General
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653 |
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|a Financial services industry
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653 |
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|a Monetary policy
|
653 |
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|a Monetary Policy
|
653 |
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|a Public Finance
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653 |
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|a Money and Monetary Policy
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653 |
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|a Finance: General
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653 |
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|a Revenue
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710 |
2 |
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|a International Monetary Fund
|b African Dept
|
041 |
0 |
7 |
|a eng
|2 ISO 639-2
|
989 |
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|b IMF
|a International Monetary Fund
|
490 |
0 |
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|a IMF Staff Country Reports
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028 |
5 |
0 |
|a 10.5089/9798400232022.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2023/044/002.2023.issue-044-en.xml?cid=528531-com-dsp-marc
|x Verlag
|3 Volltext
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082 |
0 |
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|a 330
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520 |
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|a This paper presents Cabo Verde’s First Review under the Extended Credit Facility (ECF) Arrangement. The strong and broad-based recovery of the Cabo Verde economy continued in 2022. The economy has now recorded five consecutive quarters of positive growth, supported by a rebound in the tourism sector. This helped improve the fiscal position and place the debt-to-gross domestic product ratio on a downward path. International reserves are adequate, and the financial sector remains resilient. It is important to continue efforts to preserve fiscal and debt sustainability and accelerate economic reforms while aiding the vulnerable and supporting the economic recovery. The authorities are focused on preserving fiscal and debt sustainability, providing support to the vulnerable and supporting the economic recovery. Over the medium term, fiscal consolidation would be supported by advances in revenue mobilization particularly through the digitalization of services and reforms to reduce risk from state-owned-enterprises. Monetary and financial policy remains focused on protecting the peg and safeguarding financial sector stability
|