Democratic Republic of São Tomé and Príncipe : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 19, 2008

Summary:

This Selected Issues paper for the Democratic Republic of São Tomé and Príncipe (STP) underlies the recent upward trend in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires effective control of money supply and fiscal restraint. As in other developing countries, operational targets for monetary policy need to be considered, taking into account STP’s specific circumstances. Weak financial intermediation limits the effectiveness of some monetary instruments such as short-term interest rates.

Series:

Country Report No. 08/306

Subject:

English

Publication Date:

September 19, 2008

ISBN/ISSN:

9781451835175/1934-7685

Stock No:

1STPEA2008004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

27

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