Democratic Republic of Sao Tome and Principe : Selected Issues.

This Selected Issues paper for the Democratic Republic of Sao Tome and Principe (STP) underlies the recent upward trend in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires effective control of money supply and fiscal restraint. As in other...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Staff Country Reports; Country Report ; No. 2008/306
Online Access:Full text available on IMF
Description
Summary:This Selected Issues paper for the Democratic Republic of Sao Tome and Principe (STP) underlies the recent upward trend in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires effective control of money supply and fiscal restraint. As in other developing countries, operational targets for monetary policy need to be considered, taking into account STP's specific circumstances. Weak financial intermediation limits the effectiveness of some monetary instruments such as short-term interest rates.
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Physical Description:1 online resource (27 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Access:Electronic access restricted to authorized BRAC University faculty, staff and students