Democratic Republic of São Tomé and Princípe : Staff Report for the 2011 Article IV Consultation.

Format:

Book

Government document

Author/Creator:

International Monetary Fund.

Series:

IMF Staff Country Reports; Country Report ; No. 2012/034

IMF country report ; no. 12/34

IMF Staff Country Reports

Language:

English

Subjects (All):

Sao Tome and Principe--Economic conditions.

Sao Tome and Principe.

Physical Description:

1 online resource (68 p.)

Place of Publication:

Washington, D.C. : International Monetary Fund, 2012.

Language Note:

English

Summary:

São Tomé & Príncipe remains at high risk of debt distress, although it has received substantial debt relief. The increases in world food and fuel prices have rekindled domestic inflation pressures. Inflation has declined substantially since 2008, but remains at double-digit levels. A tightening of fiscal and monetary policies in 2008 followed by a decline in world food and oil prices helped lower year-over-year inflation from a peak of 37 percent in July 2008 to 11.5 percent in June 2010.

Contents:

""Cover""; ""CONTENTS""; ""CONTEXT: GRADUAL RECOVERY, INFLATION PRESSURES, AND HIGH RISK OF DEBT DISTRESS""; ""FISCAL CONSOLIDATION AND MACROECONOMIC STABILITY""; ""ENHANCING MONETARY MANAGEMENT AND FINANCIAL STABILITY""; ""TOWARD A SUSTAINABLE EXTERNAL POSITION""; ""A. External Debt Sustainability""; ""B. Exchange Rate Assessment and International Competitiveness""; ""POVERTY REDUCTION, DATA, AND CAPACITY ISSUES""; ""STAFF APPRAISAL""; ""TABLES""; ""1. Selected Economic Indicators, 2007�16""; ""2. Financial Operations of the Central Government, 2007�16 (Billion dobra)""

""3. Financial Operations of the Central Government, 2007�16 (Percent of GDP)""""4. Summary Accounts of the Central Bank, 2007�16 (Billion dobra)""; ""5. Depository Corporations Survey, 2007�16 (Billion dobra)""; ""6. Balance of Payments, 2007�16 (Millions of U.S. dollars)""; ""7. Balance of Payments, 2007�16 (Percent of GDP)""; ""8. External Financing Requirements and Sources, 2007�16 (Millions of U.S. dollars)""; ""9. Financial Soundness Indicators for the Banking Sector, 2007�11""; ""10. Millenium Development Goals""; ""FIGURES""; ""1. Recent Macroeconomic Developments""

Notes:

Description based upon print version of record.

Description based on print version record.

ISBN:

9781463950880

1463950888

9781463950873

146395087X