Cape Verde - Debt Management Performance Assessment (DeMPA)

A World Bank mission undertook applied the Debt Management Performance Assessment (DeMPA) methodology to evaluate the government’s debt management (DM) capacity and institutions in Cabo Verde during March 28 to April 5, 2022. The assessment covers...

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Main Author: World Bank
Format: Report
Language:English
Published: Washington, DC 2022
Subjects:
Online Access:http://documents.worldbank.org/curated/en/099250006132222827/P17867900256260ef08ad203a8882bf38f3
http://hdl.handle.net/10986/37562
id okr-10986-37562
recordtype oai_dc
spelling okr-10986-375622022-06-17T05:10:37Z Cape Verde - Debt Management Performance Assessment (DeMPA) World Bank DEBT MANAGEMENT PERFORMANCE ASSESSMENT (DEMPA)  DEVELOPMENT POLICY FINANCING GOVERNMENT DEBT MANAGEMENT DEBT VULNERABILITY FISCAL CONSOLIDATION MACROECONOMIC POLICY COORDINATION FISCAL POLICY BORROWING AND FINANCING CASH-FLOW FORECASTING A World Bank mission undertook applied the Debt Management Performance Assessment (DeMPA) methodology to evaluate the government’s debt management (DM) capacity and institutions in Cabo Verde during March 28 to April 5, 2022. The assessment covers the legal, institutional, and regulatory framework governing DM. The primary counterpart was the Ministry of Finance (MoF) and within it, the Department of the National Treasury / Financial Operations Service which is the main DM office for the central government. The mission identified DM strengths and areas in need of reform, which are useful for measuring progress in DM capacity, supporting policy dialog with the authorities in the context of the second series of the Development Policy Financing operation (DPF). The policy dialogue helped to build on what has changed since the 2016 DeMPA and discussing persisting gaps in government debt management practices. Reducing debt vulnerabilities is an urgent priority for the government of Cabo Verde and would require a combination of debt reprofiling, higher economic growth and fiscal consolidation. With limited space to borrow, it would also require effective Debt Management. 2022-06-16T18:04:28Z 2022-06-16T18:04:28Z 2022-04 Report http://documents.worldbank.org/curated/en/099250006132222827/P17867900256260ef08ad203a8882bf38f3 http://hdl.handle.net/10986/37562 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC Report Publications & Research Africa Western and Central (AFW) Africa Cape Verde
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic DEBT MANAGEMENT PERFORMANCE ASSESSMENT (DEMPA) 
DEVELOPMENT POLICY FINANCING
GOVERNMENT DEBT MANAGEMENT
DEBT VULNERABILITY
FISCAL CONSOLIDATION
MACROECONOMIC POLICY COORDINATION
FISCAL POLICY
BORROWING AND FINANCING
CASH-FLOW FORECASTING
spellingShingle DEBT MANAGEMENT PERFORMANCE ASSESSMENT (DEMPA) 
DEVELOPMENT POLICY FINANCING
GOVERNMENT DEBT MANAGEMENT
DEBT VULNERABILITY
FISCAL CONSOLIDATION
MACROECONOMIC POLICY COORDINATION
FISCAL POLICY
BORROWING AND FINANCING
CASH-FLOW FORECASTING
World Bank
Cape Verde - Debt Management Performance Assessment (DeMPA)
geographic_facet Africa Western and Central (AFW)
Africa
Cape Verde
description A World Bank mission undertook applied the Debt Management Performance Assessment (DeMPA) methodology to evaluate the government’s debt management (DM) capacity and institutions in Cabo Verde during March 28 to April 5, 2022. The assessment covers the legal, institutional, and regulatory framework governing DM. The primary counterpart was the Ministry of Finance (MoF) and within it, the Department of the National Treasury / Financial Operations Service which is the main DM office for the central government. The mission identified DM strengths and areas in need of reform, which are useful for measuring progress in DM capacity, supporting policy dialog with the authorities in the context of the second series of the Development Policy Financing operation (DPF). The policy dialogue helped to build on what has changed since the 2016 DeMPA and discussing persisting gaps in government debt management practices. Reducing debt vulnerabilities is an urgent priority for the government of Cabo Verde and would require a combination of debt reprofiling, higher economic growth and fiscal consolidation. With limited space to borrow, it would also require effective Debt Management.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Cape Verde - Debt Management Performance Assessment (DeMPA)
title_short Cape Verde - Debt Management Performance Assessment (DeMPA)
title_full Cape Verde - Debt Management Performance Assessment (DeMPA)
title_fullStr Cape Verde - Debt Management Performance Assessment (DeMPA)
title_full_unstemmed Cape Verde - Debt Management Performance Assessment (DeMPA)
title_sort cape verde - debt management performance assessment (dempa)
publisher Washington, DC
publishDate 2022
url http://documents.worldbank.org/curated/en/099250006132222827/P17867900256260ef08ad203a8882bf38f3
http://hdl.handle.net/10986/37562
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