Democratic Republic of São Tomé and Princípe : 2018 Article IV Consultation, Fifth Review Under the Extended Credit Facility Arrangement, Request for Waivers for Nonobservance of Performance Criteria, and Financing Assurances Review

Author/Editor:

International Monetary Fund. African Dept.

Publication Date:

August 2, 2018

Electronic Access:

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Summary:

Progress has been made in fiscal consolidation and structural reform in the past year. Nevertheless, the country still faces a high debt level, has a low ratio of tax revenue to GDP, and relies heavily on external support. While the economy grew steadily at about 4 percent in the past three years, accelerating growth through consolidating macroeconomic stability and continued structural reforms will be essential for poverty reduction in a country with a young population.

Series:

Country Report No. 18/251

Subject:

English

Publication Date:

August 2, 2018

ISBN/ISSN:

9781484372227/1934-7685

Stock No:

1STPEA2018001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

118

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