Democratic Republic of São Tomé and Príncipe : First Review Under the Extended Credit Facility and Request for Augmentation of Access, Rephasing of Access, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe.

Format:

Book

Government document

Author/Creator:

International Monetary Fund. African Dept.

Series:

IMF Staff Country Reports; Country Report ; No. 2020/232

IMF Staff Country Reports

Language:

English

Subjects (All):

Poverty.

Debt.

Physical Description:

1 online resource (117 pages)

Other Title:

Democratic Republic of Sao Tome and Principe

Place of Publication:

Washington, D.C. : International Monetary Fund, 2020.

Summary:

The pandemic is taking a heavy toll on the fragile island nation of São Tomé and Príncipe. Tourist arrivals came to an abrupt halt in mid-March, externally financed projects are being delayed, and supply shipments are disrupted. In response to the local outbreak, emergency confinement measures have been in place since March to contain infection. The authorities began phasing out these measures in late June, aiming for a full reopening of the economy by end-July. A disbursement supported by the Rapid Credit Facility (SDR 9.028 million) was approved in April 2020. The authorities request an augmentation of the ECF program by 10 percent of quota (SDR 1.48 million).

Contents:

Front Matter

Democratic Republic of São Tomé and Príncipe: First Review Under The Extended Credit Facility and Request for Augmentation of Access, Rephasing of Access, and Financing Assurances Review -Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Democratic Republic of São Tomé and Príncipe: First Review Under the Extended Credit Facility and Request for Augmentation of Access, Rephasing of Access, and Financing Assurances Review - Informational Annex

Democratic Republic of São Tomé and Príncipe: First Review Under the Extended Credit Facility and Request for Augmentation of Access, Rephasing of Access, and Financing Assurances Review -debt Sustainability Analysis

IMF Executive Board Completes the First Review of the Extended Credit Facility Arrangement for the Democratic Republic of São Tomé and Príncipe

Statement by Mr. Raghani, Executive Director for the Democratic Republic of São Tomé and Príncipe and Mr. Carvalho da Silveira, Advisor to the Executive Director July 27, 2020.

Notes:

Description based on publisher supplied metadata and other sources.

ISBN:

9781513552125

1513552120