Cape Verde : 2005 Article IV Consultation, Sixth Review Under the Poverty Reduction and Growth Facility, and Request for Waiver of Performance Criterion: Staff Report; Public Information Notice and Press Release on the Executive Board Discussion

The staff report for the 2005 Article IV Consultation for Cape Verde focuses on economic developments and fiscal policy. The fiscal deficit was lower than expected, and reserve accumulation exceeded the programmed level. Cape Verde appears well positioned to attract increasing external support, and...

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Bibliographic Details

Corporate Author:	International Monetary Fund
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2005
Series:	IMF Staff Country Reports ; Country Report No. 05/320 IMF eLibrary
Subjects:	Aggregate demand Announcements Article IV consultations Balance of payments Bilateral creditors Bilateral debt Bilateral donors Budget execution data Budget support Budget systems Budgetary funds Capital expenditure Central bank Commercial creditors Currency board Currency debt Current account balance Current account deficit Current account Debt burden Debt data Debt dynamics Debt management Debt outstanding Debt overhang Debt ratio Debt reduction Debt relief Debt service obligations Debt service projections Debt service to exports Debt service Debt stock Debt sustainability analyses Debt sustainability analysis Debt sustainability Debt thresholds Domestic borrowing Domestic currency Domestic debt Domestic investors Domestic public debt Economic growth Economic indicators Expenditure growth Expenditure policy Expenditure programs Expenditure restraint External borrowing External debt burden External debt data External debt position External debt service External debt sustainability External debt External financing External public debt External resources Financial sector Fiscal affairs department Fiscal affairs Fiscal assumptions Fiscal balance Fiscal consolidation Fiscal cost Fiscal data Fiscal deficit Fiscal deficits Fiscal expansion Fiscal framework Fiscal incentives Fiscal institutions Fiscal operations Fiscal outlook Fiscal performance Fiscal policy Fiscal position Fiscal reforms Fiscal revenues Fiscal risks Fiscal stance Fiscal statistics Fiscal sustainability Foreign debt General resources account Government budget Government expenditures Government revenue Long-term debt Medium-term fiscal framework Multilateral creditor Multilateral creditors Multilateral debt Net debt Nonconcessional debt Payment arrears Performance criteria waivers Poverty Reduction and Growth Facility Ppg debt Primary current expenditure Primary deficit Private bank Private sector debt Public and publicly guaranteed debt Public and publicly guaranteed Public debt Public expenditure Public expenditures Public finances Public investment spending Public sector borrowing Public sector debt Ratio of debt service to exports Ratio of debt Reducing fiscal risks Reduction in transfers Repayments Reserve accumulation Reserve assets Reserve management Short term debt Short-term debt Social expenditure Staff Reports Statistical annexes Tax administration Tax collection Tax collections Tax incentives Tax payments Tax policy Tax reform Tax reforms Tax revenue Tax revenues Tax system Cape Verde