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Cabo Verde (Vol 19, 2022)

in Africa Yearbook Online
Author:
Gerhard Seibert
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(2,543 words)

When Prime Minister Ulisses Correia e Silva (Mudança para a Democracia, MpD) reshuffled his executive in October, he did not significantly reduce the number of government members as demanded by the opposition to reduce public spending in times of crisis. The government approved several credits for the ailing national airline Transportes Aéreos de Cabo Verde (tacv) to safeguard its existence until its scheduled future reprivatisation. The important tourism sector further recovered from the decline suffered during the Covid-19 pandemic. Steadily increasing numbers of foreign visitors resulted in rising tourist-related tax revenue.

Author:
Africa Yearbook Online

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