Democratic Republic of São Tomé and Príncipe : Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Contributor:

International Monetary Fund, Contributor.

Series:

IMF Staff Country Reports; Country Report ; No. 2009/106

IMF Staff Country Reports

Language:

English

Subjects (All):

Economic assistance--Sao Tome and Principe.

Economic assistance.

Finance, Public--Sao Tome and Principe.

Finance, Public.

Sao Tome and Principe--Economic conditions.

Sao Tome and Principe.

Sao Tome and Principe--Economic policy.

Physical Description:

1 online resource (92 p.)

Edition:

First edition.

Place of Publication:

Washington, D.C. : International Monetary Fund, 2009.

Language Note:

English

Summary:

This paper discusses a request from the Democratic Republic of São Tomé and Príncipe for a three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). The economic outlook for 2009 is broadly favorable, but subject to significant risks. The program spans a period including major elections; the authorities’ ability to meet fiscal objectives and implement monetary policy will be key to the success of the program. IMF staff recommends approval of the new PRGF arrangement based on the country’s policy commitments.

Contents:

Cover; Contents; Executive Summary; I. Background; II. Recent Developments; Figures; 1. São Tomé and Príncipe: Recent Macroeconomic Developments; 2. São Tomé and Príncipe: Evolution of Fiscal Performance; III. The New PRGF Policy Framework; A. Medium Term Framework; 3. São Tomé and Príncipe: Indicators of Financial Development, 2001-08; B. Policies for 2009; Fiscal Sustainability and Expenditure Management; Monetary Policy and Financial Sector Reforms; Structural reforms; External Debt; C. Program Risks; IV. Program Monitoring, Financing Needs, and Capacity to Repay the Fund

V. Staff Appraisal4. São Tomé and Príncipe: Alternative Scenario; Tables; 1. Selected Economic Indicators, 2006-13; 2. Financial Operations of the Central Government, 2006-08 (billion dobra); 3. Financial Operations of the Central Government, 2006-08 (percent of GDP); 4. Summary Accounts of the Central Bank, 2006-09; 5. Monetary Survey, 2006-09; 6. Balance of Payments, 2005-13; 7. External Financing Requirements and Sources, 2006-13; 8. Financial Soundness Indicators for the Banking System, 2005-08; 9. Schedule of Disbursements under the PRGF Arrangement, 2009-13

10. Indicators of Capacity to Repay the Fund, 2007-13Appendices; I. Letter of Intent; Attachment I: Memorandum of Economic and Financial Policies; Attachment II: Technical Memorandum of Understanding; Table of Contents; Appendices; I. Relations with Fund; II. Relations with the World Bank Group; III. Relations with the African Development Bank Group; IV. Statistical Issues

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9786613868343

9781462304899

1462304893

9781452741321

1452741328

9781283555890

1283555891

9781451887808

1451887809

OCLC:

876511819