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Cabo Verde Second Fiscal Space and Sustainable Growth Development Policy Financing

Abstract*

The Development Policy Financing (DPF) operation supports Cabo Verde’s overarching goal to achieve sustainable and climate-resilient development. The operation, the second in a programmatic series of three, comprises International Development Association (IDA) credits of SDR 1 million (US1.3 million dollars equivalent) on small economy terms and US23.7 million dollars on shorter maturity loan (SML) terms, of which US$6.6 million is from the Scale-Up...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

The program development objective is to (i) strengthen fiscal resilience; (ii) enable the uptake of digital services and renewable energy; and (iii) enhance economic opportunity.

Key Details

Project Details

  • P181310

  • Active

  • Anna Carlotta Allen Massingue , Rosa Delgado De Brito Delgado

  • Republic of Cabo Verde

  • Cabo Verde

  • June 12, 2024

  • (as of board presentation)

    December 12, 2024

  • December 13, 2024

  • US$ 25.00 million

  • N/A

  • Not Applicable

  • December 30, 2025

  • BANK APPROVED

  • P179265

  • March 26, 2024

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 1.30
IDA Shorter Maturity Loan (SML) 23.70

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 25.00
IBRD + IDA Commitment 25.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

Name Review Date
Overall Implementation Progress (IP) Satisfactory 2025-06-18
Program Management Satisfactory 2025-06-18
Progress towards achievement of PDO Satisfactory 2025-06-18
Monitoring and Evaluation Satisfactory 2025-06-18

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.