According to the National Statistics Institute (INE), the Cape Verdean economy experienced a 6.7% growth in the first quarter of the year, following the remarkable 17% growth witnessed in 2022.This data reflects the Gross Domestic Product (GDP) of Cape Verde and indicates a decrease compared to the 21.7% growth in the same period last year.The INE's Quarterly Accounts report reveals that private sector consumption increased by 12.9% during the first quarter, while public consumption declined by 1.0% and investment experienced a setback of 26.3%.The report also highlights certain sectors that contributed ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
Already Subscribed? Login Here