1 option
Sao Tomé and Príncipe : Recent Economic Developments and Selected Issues.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund.
- Series:
- IMF Staff Country Reports; Country Report ; No. 1997/081
- IMF Staff Country Reports
- Language:
- English
- Physical Description:
- 1 online resource (76 pages)
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 1997.
- Language Note:
- English
- Summary:
- This Selected Issues paper highlights that the financial performance of Sao Tomé and Príncipe, after improving in 1995, deteriorated again in 1996, while production continued to stagnate. In 1995, the authorities adopted policies aimed at stabilizing the economy, which led to a significant improvement in the fiscal position. The strengthening of control over monetary expansion made possible a reduction of end-of-period inflation to 37 percent, from 75 percent in 1994. In 1996, however, fiscal slippages and the consequent monetary financing of the budget deficits resulted in a resurgence of inflation and currency depreciation.
- Notes:
- Bibliographic Level Mode of Issuance: Monograph
- Description based on print version record.
- ISBN:
- 9786613870469
- 9781463999308
- 1463999305
- 9781463970444
- 1463970447
- 9781283558013
- 1283558017
- 9781463975036
- 1463975031
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.