Democratic Republic of São Tomé and Príncipe: Selected Issues and Statistical Appendix

International Monetary Fund

No 2006/329, IMF Staff Country Reports from International Monetary Fund

Abstract: The paper reviews the background and the existing institutional framework for oil sector development in São Tomé and Príncipe and the challenges faced in implementing transparency rules in all oil-related transactions. It provides a quantitative analysis of the impact of oil sector development on government receipts, spending, and savings, and discusses the determinants of inflation from a statistical point of view. It also shows an analysis of the weak relationship between money growth and inflation.

Keywords: ISCR; CR; Sãotomean authorities; funding amount; money growth; oil price; error-correction inflation equation; exchange rate depreciation; Oil; Inflation; gas and mining taxes; Oil prices; Exchange rates; Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 94
Date: 2006-10-10
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Citations: View citations in EconPapers (1)

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