Democratic Republic of São Tomé and Príncipe : Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

December 20, 2016

Electronic Access:

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Summary:

Growth in the first half of the year was subdued, as the stronger stimulus expected from a timely execution of public investment projects failed to materialize because of the delayed disbursements of external financing. There was also a large fiscal slippage in the first half of the year ahead of the presidential elections. Two end-June program performance criteria and a structural benchmark (SB) were missed, but the targets for the year remain attainable.

Series:

Country Report No. 16/385

Subject:

English

Publication Date:

December 20, 2016

ISBN/ISSN:

9781475561722/1934-7685

Stock No:

1STPEA2016003

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

74

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