According to bank documents, the project objective is to reduce fiscal risks and enhance fiscal management in support of sustainable private-sector led growth. The design of the DPF series responds directly to the macro-fiscal vulnerabilities which weigh on the government’s efforts to boost growth and shared prosperity. This operation supports the authorities in their efforts to stem the debt generation process – both in the central government and state-owned enterprises (SOEs) - by revisiting the role of the State in the provision of infrastructure services, improving the legislative framework supporting budget and debt management, and enhancing the alignment of national investment planning with growth objectives. Support to engender greater private sector activities in the country features strongly in the DPF series, notably through important reforms in the transport sector. This selectivity was based on the combination of the government’s priorities, the findings of the recent Systematic Country Diagnostic and other analytical work in Cabo Verde.
To support the government’s reform agenda in the areas of fiscal risks management and strengthening efficiency and accountability in support of fiscal consolidation, the series is organized around two pillars:
Contact: Rohan Longmore, Christine Richaud and Kjetil Hansen
Title: Senior Economist, Lead Economist, Senior Public Specialist
Tel: +1 202 458 7694
Email: firstname.lastname@example.org, email@example.com, and firstname.lastname@example.org
Contact: Ms. Carla Cruz
Title: Director of Planning
Tel: +238 260 7611/7521
Ministry of Finance
Republic of Cabo Verde
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