Cape Verde is expected to achieve a 6% economic growth in 2024, according to the IMF’s forecast. This growth is driven by the recovery of tourism, strong exports, and increased private consumption. Inflation is expected to remain low, aligning with the euro zone, while the current account deficit is projected to stabilize at 2.5% of GDP. The country continues its economic reforms aimed at reducing public debt and promoting private funding for climate change mitigation efforts, with a focus on achieving sustainable growth in the medium term.
