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 strateg...

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Bibliographic Details
Corporate Author: International Monetary Fund (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C International Monetary Fund 2010
Series:IMF Staff Country Reports Country Report No. 10/218
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Summary: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
Physical Description:1 Online-Ressource (46 p)
ISBN:1455203815
9781455203819