Economy

International Monetary Fund approves first review of the Cabo Verde support program

Praia, Mar 31 (Inforpress) – The International Monetary Fund (IMF) has just approved the first review of the Cabo Verde support program. The information was put forward ​today by the Deputy Prime Minister, Olavo Correia. The Minister of Finance also wrote in his official page at the social network Facebook that “the country has achieved …

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Covid-19: BCV promises to ensure essential services during the State of Emergency

Praia, Mar 31 (Inforpress) – Banco de Cabo Verde considers it essential for the financial system to continue to ensure, during the State of Emergency, services such as payment system, reserve and monetary management and cash withdrawal operations by commercial banks. BCV also includes payment processing services to suppliers, payment processing to pensioners of the …

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Covid-19: Food production, hygiene and cleaning services excluded from closure during the State of Emergency

Praia, Mar 30 (Inforpress) -The Ministry of Industry, Commerce and Energy reported that some services, such as production activities, the supply, sale of food, hygiene and cleaning are excluded from closure during the State of Emergency period. In a statement sent to Inforpress, this Sunday, the Government informs that some services will not close, namely …

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Covid-19: Economist Gil Évora welcomes economic measures taken by the Government

Praia, Mar 27 (Inforpress) – Economist Gil Évora Thursday welcomed the measures to protect jobs and businesses and keep the economy going, but also asks the Government to look at the social economy and to the informal area. The Government announced on Tuesday, the 24th, the creation State-backed lines of credit, in the global amount …

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Covid-19 / Fogo: City Hall of Mosteiros decides to suspend public attendance services

São Filipe, Mar 26 (Inforpress) – The City Hall of Mosteiros suspended public attendance services until April 20, as part of preventive measures to stop the progress of the new coronavirus (Covid-19). During this period, the councilors and the municipal secretary started to provide public attendance services through telephone and by e-mail, which are made …

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Covid-19: Cabo Verde School of Hospitality and Tourism Management suspends all training activities as a preventive measure

Praia, Mar 26 (Inforpress) – The Cabo Verde School of Hospitality and Tourism Management (EHTCV) decided to suspend all of its training activities as a measure to prevent the coronavirus pandemic (Covid-19), within the framework of the Contingency Plan decreed by the Government. The EHTCV management ensures that all logistics have been set up “so …

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Covid-19: In the next three months we have to govern without looking at statistics – Deputy Prime Minister

Praia, Mar 26 (Inforpress) – Deputy Prime Minister and Minister of Finance, Olavo Correia, said Tuesday that in the next three months Cabo Verde’s governance will have to be done without looking at statistics and ratios, and should be focused on people. The minister took stock of the Council for Social Coordination meeting, which culminated …

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Porto Novo: Potato producers with market difficulties even with drop in production

Porto Novo, Mar 25 (Inforpress) – Market difficulties are causing concern to potato producers in the municipality of Porto Novo, in Santo Antão, despite the drop in production this year, which in some cases exceeds 50 per percent (%). Agricultural producers confirmed the drop in the production of  potatoes, which was mainly due to problems …

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Maio / Covid-19: Hotel establishments temporarily close doors for security reasons – Tour operators

Porto Inglês, Mar 25 (Inforpress) – Most hotel establishments in the island are temporarily closed and tour operators ask the rest to do the same, for security reasons. In conversation with Inforpress, the person in charge of the Stella Maris tourist comnplex and Inês Guest House, Ornela Crena, assured that by containment measures they decided …

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CCS considers that Government measures are the “minimum” measures taken to support companies and workers

Praia, Mar 25 (Inforpress) – The president of the Sotavento Chamber of Commerce (CCS), Jorge Spencer Lima, said today that the measures announced by the Government to mitigate the effects of Covid-19 are “the minimum” taken to support businesses and workers. For Jorge Spencer Lima, these measures are to support companies and workers who are …

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