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Democratic Republic of São Tomé and Príncipe :, First Review Under the Three Year Arrangement Under the Extended Credit Facility Arrangement, and Request for Waivers of Performance Criteria: Staff Report; Staff Supplement; and Press Release on the Executive Board Discussion

This paper presents the Democratic Republic of São Tomé and Príncipe’s first review under the Three Year Arrangement under the Extended Credit Facility Arrangement. After averaging 6 percent a year over several years, real GDP growth in 2009 is estimated at 4 percent, reflecting a decline in foreign direct investment (FDI), which in part reflected the impact of the global crisis. Growth is expected to rebound in 2010, based on new FDI and increased official external financing
Table Of Contents
Cover; Contents; Glossary; Executive Summary; I. Background; II. Recent Developments and Performance Under the Program; Figures; 1. Recent Macroeconomic Developments; 2. Fiscal Indicators, 2004-09; 3. Money and Credit Developments; III. Medium-term Macroeconomic Framework; IV. Policy Discussions; A. Fiscal Policy; B. Exchange Rate Assessment and Policy; Box; 1. Recent Changes in Tax Laws; C. Monetary and Financial Sector Policies; D. Capacity Building; V. Risks to the Program; VI. Program Monitoring; VII. Staff Appraisal; Tables; 1. Selected Economic Indicators, 2006-13
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (81 p.)
Specific Material Designation
Form Of Item

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