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Macro Poverty Outlook for Cabo Verde : April 2022 (Inglês)

Growth rebounded to 7.1 percent in 2021, led by the gradual recovery in tourism, supporting poverty alleviation. Inflationary pressures increased, driven by energy and food. Growth-friendly fiscal consolidation should see growth converging to 6 percent and put debt-toGDP on a declining path over the medium term. The outlook is subject to substantial downside risks stemming from new COVID-19 variants, the Ukraine crisis, and climatic shocks.




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