Democratic Republic of São Tomé and Príncipe : First Review Under the Three Year Arrangement Under the Extended Credit Facility Arrangement, and Request for Waivers of Performance Criteria: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2010/100

IMF Staff Country Reports

Language:

English

Subjects (All):

International Monetary Fund.

Loans, Foreign--Sao Tome and Principe.

Loans, Foreign.

Sao Tome and Principe--Economic conditions.

Sao Tome and Principe.

Physical Description:

1 online resource (81 p.)

Other Title:

Democratic Republic of Sao Tome and Principe : first review under the three year arrangement under the Extended Credit Facility Arrangement, and request for waivers of performance criteria - staff report ; staff supplement ; and press release on the Executive Board Discussion

Place of Publication:

Washington, D.C. : International Monetary Fund, 2010.

Summary:

This paper presents the Democratic Republic of São Tomé and Príncipe’s first review under the Three Year Arrangement under the Extended Credit Facility Arrangement. After averaging 6 percent a year over several years, real GDP growth in 2009 is estimated at 4 percent, reflecting a decline in foreign direct investment (FDI), which in part reflected the impact of the global crisis. Growth is expected to rebound in 2010, based on new FDI and increased official external financing.

Contents:

Cover; Contents; Glossary; Executive Summary; I. Background; II. Recent Developments and Performance Under the Program; Figures; 1. Recent Macroeconomic Developments; 2. Fiscal Indicators, 2004-09; 3. Money and Credit Developments; III. Medium-term Macroeconomic Framework; IV. Policy Discussions; A. Fiscal Policy; B. Exchange Rate Assessment and Policy; Box; 1. Recent Changes in Tax Laws; C. Monetary and Financial Sector Policies; D. Capacity Building; V. Risks to the Program; VI. Program Monitoring; VII. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2006-13

2. Financial Operations of the Central Government, 2006-13 (in billions of dobras)3. Financial Operations of the Central Government, 2006-13 (in percent of GDP); 4. Summary Accounts of the Central Bank, 2006-10; 5. Monetary Survey, 2006-10; 6. Balance of Payments, 2006-13 (In millions of U.S. dollars); 7. Balance of Payments, 2006-13 (in percent of GDP); 8. External Financing Requirements and Sources, 2006-13; 9. Financial Soundness Indicators for the Banking Sector, 2005-09; 10. Schedule of Disbursements Under the PRGF Arrangement, 2009-11

11. Indicators of Capacity to repay the Fund, 2009-13Appendix; 1. Letter of Intent; Attachments; I. Memorandum of Economic and Financial Policies; 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.

Includes bibliographical references.

Description based on print version record.

ISBN:

9786612847059

9781462361403

1462361404

9781452729213

1452729212

9781282847057

1282847058

9781455203666

1455203661

OCLC:

876511446