Cabo Verde: Request for an Extension of the Program Under the Policy Coordination Instrument

International Monetary Fund

No 2021/019, IMF Staff Country Reports from International Monetary Fund

Abstract: Cabo Verde’s Policy Coordination Instrument (PCI) is due to expire on January 15, 2021. In the attached letter, the authorities request its extension through March 31, 2021. Cabo Verde’s 18-month PCI was approved by the Executive Board on July 15, 2019. Two reviews have been concluded, with the second delayed by over a month due to additional work generated by the impact of COVID-19 for staff and for the authorities. The requested extension will provide additional time to conclude the third and final review under the PCI.

Keywords: ISCR; CR; monetary policy transmission mechanism; Cabo Verde's Policy Coordination Instrument; reform targets; Cabo Verdean authorities; development partner (search for similar items in EconPapers)
Pages: 6
Date: 2021-01-21
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