Private Sector Competitiveness and Local Economic Development - Phase II (PSC-LED II)

Die Regierung von Kap Verde beantragte bei der Afrikanischen Entwicklungsbank (BAD) ein Darlehen in Höhe von 20 Mio. EURO für ein Vorhaben zur allgemeinen Verbesserung der wirtschaftlichen Lage.

Es zielt ab auf die Förderung der Privatwirtschaft und die Beschäftigungsförderung (u.a. Erleichterung des Zugangs zu Finanzmitteln, Dezentralisierung, Gründung von Ausbildungszentren).

The overall impact sought by the PSC-LED programme is to promote the increased contribution from the private sector and local entities to growth and employment. This is to be achieved through the following outcomes: (a) enhancement of the ease of doing business and competitiveness measured through (i) improvement in Doing Business distance to the frontier score from 56.24 pts in 2018 to 60pts in 2020, (ii) increase in the credit to the private sector to 70% in 2020, (iii) increase in the labour contribution to total value added growth in the economy from 1.1% in the 2007-2014 period to 2% in 2017-2020, (iv) increase the number of training centres developing PPPs by 20%; (b) Increased local economic development and enhanced decentralisation measured through (i) decrease in the number of municipalities with dependency ratios on government transfers above 80% from 6, (with 14 municipalities with more than 60%) in 2017 to 3 (and 10 with more than 60%) in 2020, and (ii) an increase in participatory local economic plan implementation from zero in 2017 to 9 locally developed plans framed in the regionalised PEDS in 2020.