Democratic Republic of São Tomé and Príncipe: 2013 Article IV Consultation and Second Review Under the Extended Credit Facility Arrangement; Staff Report; Informational Annex; Debt Sustainability Analysis; Press Release on the Executive Board Discussion; and Statement by the Executive Director for São Tomé and Príncipe
January 6, 2014
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This Information Annex highlights that the World Bank and the IMF are providing complementary support to help São Tomé and Príncipe strengthen public financial management and make progress toward debt sustainability. The World Bank’s work program is guided by an Interim Strategy Note approved in 2011 that focuses on accelerating sustainable and broad-based economic growth and on strengthening governance, public institutions, and human capital. A new Country Assistance Strategy for 2013–16 will be completed in 2014, following the recent completion of a Joint Staff Assessment Note on the country’s second National Poverty Reduction Strategy. Regarding debt sustainability, the World Bank and the IMF teams prepared a Joint IMF–World Bank Debt Sustainability Analysis update in 2012.
Subject: Banking, Central banks, Commercial banks, Commodities, External debt, Financial institutions, International reserves, Oil, Public debt
Keywords: Africa, Commercial banks, CR, debt, ECF arrangement, Europe, Executive Board's discussion, Global, IMF arrangement, IMF's Executive Board, International reserves, ISCR, monetary policy management, Oil, São Tomé and Príncipe, São Toméan authorities
Pages:
133
Volume:
2014
DOI:
Issue:
002
Series:
Country Report No. 2014/002
Stock No:
1STPEA2014001
ISBN:
9781475516548
ISSN:
1934-7685
