Pillar - II  Promotion of Growth and Economic Opportunities

The fight against poverty is one of the greatest challenges the Capeverdian authorities are facing. With this situation, the Government has focused on the objective to reduce extreme poverty and hunger and to promote growth, competitiveness, and socio-economic rights. The UN System envisages supporting the national authorities’ efforts to make the private sector more competitive, promote productive employment, reinforce national capacities through professional training, mobilize the Diaspora, ensuring access of the most vulnerable groups to socio-economic development of the country and favour their access to means that will satisfy their development needs.

CV104-Promotion of Growth & Economic Opportunities

Objectives 

This sub-programme aims to reduce both inequalities in terms of economic opportunities, and  Cape Verde’s dependency on ODA and the Diaspora, by promoting robust economic growth, the competitiveness of micro, small and medium enterprises, generating decent and productive  employment and finally, promoting a sustainable fight against poverty, including urban poverty.

Sub-program key areas of intervention:

• Economic graduation: Debt management and access to international development-oriented financing tools available.
• Macroeconomic policies – institutional capacity building
• Post-accession to the World Trade Organization (WTO): Formulation of a trade policy adapted to WTO related  commitments
• Development of investment planning and promotion tools
• Institutional support to export companies