European Parliament Library

Democratic Republic of São Tomé and Príncipe :, Debt Relief at the Completion Point Under the Heavily Indebted Poor Countries Initiative and Under the Multilateral Debt Relief Initiative

This paper examines the consideration of the Democratic Republic of São Tomé and Príncipe’s debt relief at the completion point under the enhanced Initiative for Heavily Indebted Poor Countries and Debt Relief under the Multilateral Debt Relief Initiative. Lower-than-projected export receipts largely owing to drought conditions and lower-than-expected tourism receipts, changes in cross-currency exchange rates, and variations in discount rates have been all unambiguously exogenous and outside the control of the authorities. There is need for continued fiscal prudence, policies to support broad-based growth and export diversification, continued donor support, and prudent debt management
Table Of Contents
Cover; Contents; Executive Summary; I. Introduction; II. Requirements for Reaching the Completion Point; Boxes; 1. Status of Floating Completion Point Triggers; A. Implementation of the Poverty Reduction Strategy; B. Macroeconomic Performance in 2001-06; 2. Performance Under IMF-Supported Programs, 2000-06; Text Tables; Macroeconomic Indicators, 1994-2006; C. Public Expenditure; Allocation of Interim HIPC Debt Relief; D. Governance; Text Figure; Governance Indicators, 2005 and 1998; 3. Prospects for Oil Sector Development; E. Social Sector Policies
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (78 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU