Democratic Republic of São Tomé and Príncipe : Request for a Three-Year Arrangement Under the Extended Credit Facility

Author/Editor:

International Monetary Fund

Publication Date:

August 2, 2012

Electronic Access:

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Summary:

The Democratic Republic of São Tomé and Príncipe shows prudence in maintaining its fiscal stance assisted by the IMF extended credit facility (ECF). The authorities aim to concentrate on maintaining macroeconomic stability even though debt distress owing to a narrow export base and other issues loom as threats. Focus is on strengthening of existing monetary and public finances policies, banking supervision, and anti-money laundering, which will help in reducing poverty. Revenue from oil production is also expected to help achieve the target by 2015.

Series:

Country Report No. 12/216

Subject:

Notes:

Also Available in Portuguese

English

Publication Date:

August 2, 2012

ISBN/ISSN:

9781475505702/1934-7685

Stock No:

1STPEA2012002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

99

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