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Cape Verde - Fourth Poverty Reduction Support Credit Project (English)

Ratings for the Fourth Poverty Reduction Support Credit Project for Cape Verde were as follows: outcomes were satisfactory, the risk to development outcome was moderate, Bank performance was satisfactory, and Borrower performance was also satisfactory. Some lessons learned included: budget support has been catalytic in harmonizing aid to Cape Verde and budget support continues to be highly relevant to the Cape Verdean context. The use of budgetary support enabled the Government to finance key parts of the Growth and Poverty Reduction Strategy Paper (GPRSP) that will be difficult to finance through an investment loan or single sector development policy operation. An additional advantage is the ability to embed sector policy within crosscutting issues such as civil service reform, improved expenditure management, and decentralization to increase the sustainability and impact on service delivery. Budgetary support proved to be a powerful instrument to unify donor assistance and dialogue around a core set of policy actions specifically, the provision of harmonized budget support through the Budget Support Group (BSG) clearly reduced transaction costs for the Government through a reduction in the number of visiting missions and country-specific reporting requirements. This is particularly important for a small country like Cape Verde where the public sector can be easily overwhelmed by aid and requests from donors. Budget support is a sophisticated instrument which requires governmental capacity to design and implement reforms and to monitor their impact. The reliance on national systems also raises capacity issues at all stages of the budget cycle, which were compounded in the Cape Verdean context by the limited number of technical staff and the high turnover of senior staff in several core ministries. Offsetting these constraints requires a combination of capacity building and technical support.


  • Document Date


  • Document Type

    Implementation Completion and Results Report

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  • Country

    Cabo Verde,

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  • Doc Name

    Cape Verde - Fourth Poverty Reduction Support Credit Project

  • Keywords

    millennium challenge;budget support;Technical Assistance Trust Fund;absence of economies of scale;Administrative and Civil Service Reform;integrated management;public expenditure management reform;public expenditure management system;monitoring and evaluation system;access to quality education;public financial management reform;quality of health services;children with special need;public investment in infrastructure;access to health service;external current account deficit;ip disbursements archived;life expectancy at birth;land use planning;good governance;social protection system;increase in expenditure;poverty reduction program;Public Finance Management;social protection strategy;management of health;fiscal risk;health finance;human capital;contingent liability;contingent liabilities;donor coordination;government ownership;investment and development;assessment of outcome;social protection services;statistical data;maternal mortality rate;internal management structure;lack of agreement;human development index;routine immunization coverage;patient per year;government's reform program;number of beneficiaries;strengthening budget execution;provision water;inequity in health;health service coverage;scarcity of water;lack of rainfall;quality at entry;central government transfer;improved service delivery;division of labor;expansion of access;emergency obstetrical care;provision of water;defense of children;education and health;Early Childhood Development;stock of debt;municipal management capacity;government budget cycle;primary school teacher;access of student;harmonization of budget;health sector expenditures;flow of fund;cost of import;government fiscal policy;quality of supervision;foreign direct investment;national procurement law;assessment of risk;adult literacy rate;base year;international reserve;social gains;education expenditure;outstanding stock;financial sustainability;secondary legislation;disabled people;debt sustainability;legal framework;institutional framework;budget share;education child;primary author;intervention strategy;municipal election;transaction cost;draft law;health program;real gdp;political debate;extensive consultation;contributory scheme;macroeconomic performance;fiscal deficit;regional disparity;state reform;external control;



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Cape Verde - Fourth Poverty Reduction Support Credit Project (English). Washington, D.C. : World Bank Group.