Democratic Republic of São Tomé and Príncipe: First Review Under the Three Year Arrangement Under the Extended Credit Facility Arrangement, and Request for Waivers of Performance Criteria: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion
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Summary:
This paper presents the Democratic Republic of São Tomé and Príncipe’s first review under the Three Year Arrangement under the Extended Credit Facility Arrangement. After averaging 6 percent a year over several years, real GDP growth in 2009 is estimated at 4 percent, reflecting a decline in foreign direct investment (FDI), which in part reflected the impact of the global crisis. Growth is expected to rebound in 2010, based on new FDI and increased official external financing.
Series:
Country Report No. 2010/100
Subject:
Asset and liability management Bank supervision Debt relief Debt sustainability analysis External debt Financial regulation and supervision International reserves National accounts Public debt
English
Publication Date:
April 27, 2010
ISBN/ISSN:
9781455203666/1934-7685
Stock No:
1STPEA2010001
Pages:
80
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