European Parliament Library

Democratic Republic of São Tomé and Príncipe, Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion, International Monetary Fund

This paper discusses a request from the Democratic Republic of São Tomé and Príncipe for a three-year arrangement under the Poverty Reduction and Growth Facility (PRGF). The economic outlook for 2009 is broadly favorable, but subject to significant risks. The program spans a period including major elections; the authorities’ ability to meet fiscal objectives and implement monetary policy will be key to the success of the program. IMF staff recommends approval of the new PRGF arrangement based on the country’s policy commitments
Table Of Contents
Cover; Contents; Executive Summary; I. Background; II. Recent Developments; Figures; 1. São Tomé and Príncipe: Recent Macroeconomic Developments; 2. São Tomé and Príncipe: Evolution of Fiscal Performance; III. The New PRGF Policy Framework; A. Medium Term Framework; 3. São Tomé and Príncipe: Indicators of Financial Development, 2001-08; B. Policies for 2009; Fiscal Sustainability and Expenditure Management; Monetary Policy and Financial Sector Reforms; Structural reforms; External Debt; C. Program Risks; IV. Program Monitoring, Financing Needs, and Capacity to Repay the Fund
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (92 p.)
Specific Material Designation
Form Of Item

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