The IMF Country Reports Series covers economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with officials of the country, is published at the option of the member.
This paper focuses on Poverty Reduction and Growth Strategy Paper-II (GPRSP II) for Cape Verde. The GPRSP II is formulated with reference to five major strategic aims concerning good governance, human capital, competitiveness, infrastructure building, and social cohesion. In identifying and pursuing these aims, the country seeks to improve its performance with respect to the established objectives and targets. The central objective of poverty reduction rests primarily upon structural policies linked to the promotion of inclusive economic growth, complemented by redistributive policies that are socially compensatory and focused on groups with high vulnerability.