Debt Management Performance Assessment : Cabo Verde
This report assesses the debt management performance of the government of Cabo Verde by applying the 2015 World Bank debt management performance assessment (DeMPA) methodology. Overall, there have been positive developments in government debt manag...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2020
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| Online Access: | http://documents.worldbank.org/curated/en/583701592945354587/Cabo-Verde-Debt-Management-Performance-Assessment-DeMPA http://hdl.handle.net/10986/34004 |
| Summary: | This report assesses the debt management
performance of the government of Cabo Verde by applying the
2015 World Bank debt management performance assessment
(DeMPA) methodology. Overall, there have been positive
developments in government debt management practices in Cabo
Verde. Some of those developments are reflected in improved
DeMPA scores, as in the case of the preparation of a
medium-term debt management strategy (DMS), publication of
debt management information, and documentation of procedures
in the domestic market. In some other cases, improvements
were not enough to change the scores, although relevant and
acknowledged, such as the case of domestic borrowing. In a
number of other dimensions, such as those related to debt
recording and operational risk, challenges persist. Annex 1
brings a detailed update on the implementation of the debt
management reform plan designed in 2013, showing good
improvement in some areas, in particular the development of
a DMS and debt management reporting, but less progress in
operational risk management and data recording. |
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