European Parliament Library

Democratic Republic of São Tomé and Príncipe :, 2008 Article IV Consultation and Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility, and Request for Waivers of Performance Criteria-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe

Abstract
The 2008 Article IV Consultation with the Democratic Republic of São Tomé and Príncipe and sixth review under the three-year arrangement under the Poverty Reduction and Growth Facility discusses policies and exchange rate arrangement. In recent years, public finances have been supported by large oil signature bonuses, but exploratory drilling for oil has not yet confirmed the existence of commercially extractable reserves. Executive Directors supported the authorities’ intention to reconsider São Tomé and Príncipe’s monetary and exchange arrangements
Table Of Contents
Cover; Table of Contents; Abbreviations and Acronyms; Executive Summary; I. Background; Figures; 1. São Tomé and Príncipe: Income and Exports in a Regional Context; II. Recent Developments and Performance under the Program; 2. São Tomé and Príncipe: Recent Macroeconomic Developments, 2003-07; Boxes; 1. Recent Rise in Inflation: Domestic Policies vs. External Shocks; III. Policy Discussions; A. Lessons from the Past; B. Medium-Term Outlook and Challenges; 2. Policy Mix, Sustainable Disinflation, and Revenue Mobilization; 3. São Tomé and Príncipe: Status of Oil Exploration
Language
eng
Literary Form
non fiction
Note
Description based upon print version of record
Physical Description
1 online resource (97 p.)
Specific Material Designation
remote
Form Of Item
online
Isbn
9786613865052

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