IMF forecasts a 4% growth of the Cabo Verdean economy in 2017


Praia, June 27 (Inforpress) – The International Monetary Fund (IMF) forecasts a 4% growth for Cabo Verde in 2017, based on the balance of the external accounts and the country’s economic growth in 2016.

The confirmation is from the head of the IMF mission in Cabo Verde, Max Alier, in a statement to the press in the margins of the seminar held today at the Higher Institute of Juridical and Social Sciences (ICJS) to present the report on the regional perspectives for Africa Sub-Saharan.

According to Max Alier, the forecast appears in the IMF report after it has assessed a period of “weak” growth between 2012 and 2015, where the average growth has been lowered by 1% per year.

In 2016, according to the head of the IMF’s mission, data show that the economy grew 4% with a “significant” acceleration of growth and with a new projection for growth to continue in 2017.



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