01820cas a2200241 a 4500 AALejournalIMF011676 230101c9999 xx r poo 0 0eng d 5.00 USD 9781463935788 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Cape Verde : Second Review Under the Policy Support Instrument and Request for Waivers of Nonobservance of Assessment Criteria: Staff Report; Staff Supplements; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Cape Verde. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (58 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Cape Verde's authorities have tightened fiscal and monetary stances and have significantly reduced the gaps with program targets. Tax revenues held up well, but there were shortfalls in nontax revenue in addition to capital transfers. The spending execution was held below the budget. The authorities need to scale back the fiscal deficit in 2012 and in the medium term to ensure a sustainable fiscal position. Net domestic financing of the central government should decline to avoid crowding out private sector credit and lessen pressure on the balance of payments. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/029 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/029/002.2012.issue-029-en.xml IMF e-Library