Cape Verde - Public finance

About 44% of the 1998 Cape Verdean budget of $229 million was allocated to economic reforms (continued privatization), and natural resource, infrastructure, and social development. The government has supported market-oriented policies since about 1991, trying to attract foreign investment.

The US Central Intelligence Agency (CIA) estimates that in 2000 Cape Verde's central government took in revenues of approximately $112 million and had expenditures of $198 million. Overall, the government registered a deficit of approximately $86 million. External debt totaled $301 million.

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