Cape Verde economic performance was bolstered by one of the fastest growing tourism industries in the world, as well as by substantial capital inflows that allowed Cape Verde to build up national currency reserves to the current 3.5 months of imports. Unemployment has been falling rapidly, and the country is on track to achieve most of the UN Millennium Development Goals – including halving its 1990 poverty level. In 2007, Cape Verde joined the World Trade Organization (WTO) and in 2008 the country graduated from Least Developed Country (LDC) to Middle Income Country (MIC) status. Cape Verde has significant cooperation with Portugal
Prostitution in Cape Verde transport, host, or receive children younger than 16 years of age or promote the conditions for sexual acts or prostitution in a foreign country with two to eight years' imprisonment. The United States Department of State Office to Monitor and Combat Trafficking in Persons ranks Cape Verde as a 'Tier 2' country. Prostitution in Cape Verde Prostitution in Cape Verde is legal and commonplace. There are no prostitution laws on the islands except for those concerning trafficking and child prostitution. UNAIDS estimate there are 1,400 prostitutes in Cape Verde, many were from Ghana and Senegal before being expelled by the