Sao Tomé and Príncipe: Selected Issues and Statistical Appendix

International Monetary Fund

No 1996/070, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues Paper and Statistical Appendix presents a summary of the tax system as of December 1995 of Sao Tomé and Príncipe. It describes the exchange and payments system. The paper highlights that the currency of Sao Tome and Príncipe is the Sao Tomé and Príncipe dobra. The official exchange rate is determined daily as an average of exchange rates in the bureau de change, parallel market, and a commercial bank. Foreign exchange transactions are divided into three categories, namely import payments, transactions in foreign checks, and collection of export proceeds.

Keywords: ISCR; CR; Population age structure; cocoa export; São Tomé and Príncipe authorities; cocoa production; infant mortality rate; foreign financing; Debt relief; Public expenditure review; Current account deficits; Government debt management (search for similar items in EconPapers)
Pages: 60
Date: 1996-08-26
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