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
Movement for Democracy (Cape Verde) Movement for Democracy (Cape Verde) The Movement for Democracy (, MpD) is a Christian democratic and liberal party in Cape Verde. Established in 1990, it was the ruling party from 1991 to 2001 and returned to power in the 2016 parliamentary election. Its members are nicknamed "os ventoinhas" ("the wind fans"). The MpD was established on 14 March 1990 by Carlos Veiga after Prime Minister Pedro Pires of the African Party for the Independence of Cape Verde (PAICV, formerly the sole legal party) allowed its creation. The party was publicly launched in May 1990, and its first convention was held