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

 
 
Publication Date: August 02, 2012
 
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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(s): Bank supervision | Debt sustainability analysis | Economic indicators | Extended arrangement requests | Extended Credit Facility | Financial management | Fiscal reforms | Staff Reports | Democratic Republic of São Tomé and Príncipe

Notes Also Available in Portuguese
 
English
Publication Date: August 02, 2012
ISBN/ISSN: 9781475505702/1934-7685 Format: Paper
Stock No: 1STPEA2012002 Pages: 99
Price:
US$18.00 (Academic Rate:
US$18.00 )
 
 
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