佛得角2025年上半年国家预算执行情况良好

Core Insights - Cape Verde's national budget for the first half of 2025 shows a surplus of 925.2 million escudos (approximately 9.82 million USD), representing 0.3% of GDP, contrasting sharply with a deficit of 2.1 billion escudos (approximately 22.29 million USD) in the same period last year [1] Revenue and Expenditure - Total budget revenue reached 37.5 billion escudos (approximately 400 million USD), marking a year-on-year increase of 17%, driven primarily by tax revenue growth of 15.6% and social contributions growth of 22.6% [1] - Public expenditure amounted to 36.5 billion escudos (approximately 39 million USD), reflecting a year-on-year increase of 6.9%, but the execution rate was only 34.8%, mainly due to poor performance in capital expenditure [1] Debt Situation - Despite a net debt reduction of 1.1 billion escudos (approximately 11.67 million USD) in the first half of the year, Cape Verde's total public debt remains high at 298.9 billion escudos (approximately 31.7 billion USD), which is 98.6% of GDP, with 67.1% of this debt being external, primarily from multilateral institutions [1]