Cabo Verde 2006

Cabo Verde 2006

Yearbook 2006

Cape Verde. According to CountryAAH, major public holidays in Cape Verde include Independence Day (July 5) and New Year (January 1). Cape Verde’s political course is fixed after parliamentary and presidential elections at the beginning of the year. The old Liberation Party PAICV retained government power after winning 40 of Parliament’s 72 seats in a January election in which just over half of the eligible voters took part. The incumbent President Pedro Pires, who represents PAICV, was re-elected in February by a slight margin. Both election results were appealed with reference to alleged irregularities, but the protests were rejected by the Supreme Court. Prime Minister José Maria Neves presented a reformed government in March, where six of the fourteen ministers are women. Five new ministries were created, with responsibility for, among other things. higher education, family issues and housing policy.

Cabo Verde Map with Surrounding Countries

Economy

Inflation rate 0.80%
Unemployment rate 9%
Gross domestic product (GDP) $ 3,777,000,000
GDP growth rate 4.00%
GDP per capita $ 7,000
GDP by sector
Agriculture 8.90%
Industry 17.50%
Service 73.70%
State budget
Revenue 354.2 million
Expenditure 398.5 million
Proportion of the population below the national poverty line 30%
Distribution of household income
Top 10% 40.6
Lower 10% 1.9
Industrial production growth rate 1.90%
Investment volume 34.9% of GDP
National debt 125.80% of GDP
Foreign exchange reserves $ 589,100,000
Tourism 2014
Visitors 494,000
Revenue $ 467,000,000