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Cabo Verde - Public Finance Review : Enhancing Fiscal Sustainability in the Face of Shocks (anglais)

Cabo Verde has long been a story of economic success, but growth decelerated in the last decade and has become more volatile – with implications for fiscal performance. Economic growth and social indicators improved significantly after the country’s independence from Portugal in 1975, driven by the tourism sector, remittances, and foreign direct investment. Annual average GDP growth hovered near 7 percent between 1993 and 2008. However, the global...
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