صندوق النقد الدولي يقر بتمويل 12.8 مليون دولار للرأس الأخضر

The Executive Board of the International Monetary Fund (IMF) completed its reviews under the Extended Credit Facility and the Flexibility and Sustainability Facility with the Government of Cape Verde, making available financing of $12.8 million.

A statement issued by the International Monetary Fund explained that the performance of the country’s economy was strong, with real GDP growth reaching 5.1 percent, amid a primary financial surplus, low inflation, and an appropriate level of international reserves.

The fund stated that the ratio of public debt to GDP continued on a downward path, and the financial sector remains resilient, amid cautious expectations in the near term with some risks of economic downturn.

He urged the Fund to continue working on climate resilience reforms, maintaining debt sustainability, advancing strong energy and water reforms and managing the energy transition, while targeting social spending to protect the groups most vulnerable to reform costs.

The Fund considered reforming state-owned companies essential to reducing financial risks, and crucial to competitiveness while opening the way for the private sector.