Democratic Republic of São Tomé and Príncipe: Staff Report for the 2005 Article IV Consultation and First Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility

International Monetary Fund

No 2006/349, IMF Staff Country Reports from International Monetary Fund

Abstract: São Tomé and Príncipe pursued economic reforms and tried to reduce poverty amidst macroeconomic imbalances under the Poverty Reduction and Growth Facility (PRGF) program. Executive Directors supported the authorities’ decision to sustain the process of fiscal consolidation, and stressed the need for implementing a good budget and public expenditure management system. They commended the monetary and financial stances and the central bank’s international reserve position; welcomed the authorities' commitment to improve coverage, timeliness, and periodicity of basic macroeconomic statistics; and emphasized to accelerate structural reforms and achieve full transparency in oil revenue management.

Keywords: ISCR; CR; government; Sãotomean; Sãotomean authorities; The Sãotomean authorities; PRGF loan; Saotomean authorities; Sãotomean delegation; Three-Year PRGF arrangement; staff appraisal; oil sector transaction; Oil; Oil sector; gas and mining taxes; Western Europe; Global (search for similar items in EconPapers)
Pages: 109
Date: 2006-10-10
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=19977 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2006/349

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Staff Country Reports from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().