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240607 ||| eng |
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|a 9798400265129
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245 |
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0 |
|a Cabo Verde
|b Third Review Under the Extended Credit Facility Arrangement, Request for Modification of Performance Criteria, and Request for an Arrangement Under the Resilience and Sustainability Facility-Press Release; Staff Report; and Statement by the Executive Director for Cabo Verde
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260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2024
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300 |
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|a 142 pages
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651 |
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4 |
|a Cabo Verde
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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 Environmental Economics
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653 |
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|a Public finance & taxation
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653 |
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|a Natural Disasters
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653 |
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|a Climate
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653 |
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|a Debts, Public
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653 |
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|a Climate change
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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 Global Warming
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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 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 Climatic changes
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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 Natural Disasters and Their Management
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653 |
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|a Monetary economics
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653 |
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|a Environment
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653 |
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|a Green finance / sustainable finance
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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 Monetary policy
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653 |
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|a Natural disasters
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653 |
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|a Monetary Policy
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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 Revenue
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710 |
2 |
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|a International Monetary Fund
|b African Dept
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041 |
0 |
7 |
|a eng
|2 ISO 639-2
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989 |
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|b IMF
|a International Monetary Fund
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490 |
0 |
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|a IMF Staff Country Reports
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028 |
5 |
0 |
|a 10.5089/9798400265129.002
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856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/002/2024/009/002.2024.issue-009-en.xml?cid=543874-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 Third Review under the Extended Credit Facility Arrangement, Request for Modification of Performance Criteria, and Request for an Arrangement under the Resilience and Sustainability Facility. Performance under the economic reform program is strong, and the authorities are taking steps to strengthen the program. Post-Covid economic activity recovered as tourism returned to the islands. The RSF will support the government’s effort to implement macro-critical climate reforms and catalyze private finance for climate adaptation and transition. Fiscal policy is anchored by an appropriate balance between fiscal consolidation to put debt on a downward path, while protecting the vulnerable and investing in key priority projects for future growth. The medium-term fiscal objectives are dependent on the progress in domestic revenue mobilization, streamlining tax exemptions, increasing the effectiveness of public investment projects, and improving debt management. The authorities are encouraged to continue with their ambitious structural reform agenda to adapt to the challenges posed by climate change, reduce the cost of doing business and accelerate public enterprise reforms
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