The International Monetary Fund published the 2025 Article IV consultation materials for Cabo Verde alongside the seventh review under the Extended Credit Facility arrangement and the third review under the Resilience and Sustainability Facility arrangement, pointing to strong recent growth and broadly stable macroeconomic conditions while highlighting climate risks, state-owned enterprise pressures and global uncertainties. Economic growth is projected at 5.2% in 2025 after 7.2% in 2024, driven by strong tourism and resilient consumption. Inflation is described as stable around the 2% target, following an average of 1.0% in 2024. International reserves are assessed as adequate to protect the peg, and the current account recorded a surplus in 2024; the report also notes upcoming legislative elections in April 2026 and presidential elections in October 2026.