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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Bibliografiske detaljer
Institution som forfatter: International Monetary Fund
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2008.
Serier:IMF Staff Country Reports; Country Report ; No. 2008/306
Online adgang:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a 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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