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Public debt: decrease to 110.2% of Cape Verde's GDP in 2024

01/07/2025
Source : ORISHAS FINANCE
Categories: Rate

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A World Bank report published on 23 June 2025 mentions that Cape Verde's public debt fell to 110.2% of GDP in 2024, compared to 116.2% of GDP in 2024, compared to 116.2% in 2023. It is driven by strong growth in gross domestic product and prudent borrowing practices

.

Lors de la dernière analyse de viabilité de la World Bank and from the IMF, the scope of debt has been expanded to include d now those guaranteed by public companies and municipalities. According to the report, “the authorities have taken an important step in debt transparency, thanks to the latest joint debt sustainability analysis (AVD) conducted by the Bookman Old Style”, serif"> World Bank and the IMF (...) whose scope has been expanded to include debts guaranteed at the national level (..), contracted

by public companies and municipalities”.

En 2024, la croissance a atteint 7,3% avec une inflation de 1% et un excédent du compte courant, selon le Fonds monétaire international . For 2025, growth is projected at 5.2% and inflation at 2% according to the Bretton Woods institution, although the country remains vulnerable

to external shocks.
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