World Bank announces 15 million dollars for Cabo Verdean statistical system development

Praia, Nov 5 (Inforpress) – World Bank senior economist Rob Swinkels announced in the City of Praia that 15 million dollars, about  1.5 billion escudos, will be available for the Cabo Verdean statistical system development.

Rob Swinkels, who was speaking on Monday representing the World Bank representative in Cabo Verde at the opening ceremony of the workshop on monitoring and evaluation of the Sustainable Development Strategic Plan (PEDS), said the World Bank has entered into a partnership with African Union (AU) to finance statistical development on the continent.

In this regard, he indicated that regional organizations such as the Economic Community of West African States (ECOWAS) played “an important role,” and in particular, and the World Bank understood that Cabo Verde could benefit from this initiative and access funding.

“An amount of 15 million will be available to Cabo Verde and this offers a huge opportunity for Cabo Verde to invest in statistical infrastructure and to provide the development and use of administrative data for statistical purposes. This includes creating more effective collection and quality control systems, as well as the ICT platform for data collection and processing,” he explained.

Celso Soares, vice president of the National Institute of Statistics (INE), said that this availability of funding arise from a process started last year at the World Bank and International Monetary Fund (IMF) at the Spring Forum in which Cabo Verde presented a financing project for the statistical system.

MJB / AA / HVF

Inforpress

Scroll to Top
Share via
Copy link
Powered by Social Snap