Sao Tomé and Príncipe: Selected Issues and Statistical Appendix

Publication Date:

August 26, 1996

Summary:

This Selected Issues Paper and Statistical Appendix presents a summary of the tax system as of December 1995 of Sao Tomé and Príncipe. It describes the exchange and payments system. The paper highlights that the currency of Sao Tome and Príncipe is the Sao Tomé and Príncipe dobra. The official exchange rate is determined daily as an average of exchange rates in the bureau de change, parallel market, and a commercial bank. Foreign exchange transactions are divided into three categories, namely import payments, transactions in foreign checks, and collection of export proceeds.

Series:

Country Report No. 1996/070

Subject:

English

Publication Date:

August 26, 1996

ISBN/ISSN:

9781451834963/1934-7685

Stock No:

1STPEA0011996

Pages:

60

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