Democratic Republic of São Tomé and Príncipe : 2008 Article IV Consultation and Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waivers of Performance Criteria-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Author/Editor:

International Monetary Fund

Publication Date:

September 19, 2008

Electronic Access:

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Summary:

The 2008 Article IV Consultation with the Democratic Republic of São Tomé and Príncipe and sixth review under the three-year arrangement under the Poverty Reduction and Growth Facility discusses policies and exchange rate arrangement. In recent years, public finances have been supported by large oil signature bonuses, but exploratory drilling for oil has not yet confirmed the existence of commercially extractable reserves. Executive Directors supported the authorities’ intention to reconsider São Tomé and Príncipe’s monetary and exchange arrangements.

Series:

Country Report No. 08/307

Subject(s):

English

Publication Date:

September 19, 2008

ISBN/ISSN:

9781451835182/1934-7685

Stock No:

1STPEA2008005

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

95

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