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Economic strengthening in Cape Verde: The World Bank grants a $25 million loan

15/12/2023
Source : ORISHAS FINANCE
Categories: Sectors

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A press release from the World Bank released on 11 December last year indicated that the institution granted Cape Verde a $25 million loan. This financing is aimed at strengthening its fiscal consolidation and supporting its sustainable development goals.

The World Bank loan is provided as part of the International Development Association (IDA) Development Policy Support (DPF) funding. According to Rosa Delgado, World Bank Country Representative, “the approval of the DPF marks an important step in these collaborative efforts to build a more sustainable and inclusive economic future for the people

of Cape Verde.”
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