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Cape Verde Ninth Poverty Reduction Support Credit

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Development objective

The operation cover actions under two pillars: (i) Enhancing macro-fiscal stability; and (ii) strengthening Cabo Verde’s competitiveness. The development objective of the first pillar is to strengthen Cabo Verde’s fiscal position, rebuilding fiscal space, and thus securing macro-fiscal sustainability. The development objectives of the second pillar are to enable the private sector and strengthen Cabo Verde’s economic growth potential. Both macro-fiscal stability and private sector-led growthare necessary conditions to eradicate poverty and boost shared prosperity.

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