Democratic Republic of Sao Tome and Principe : 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 Sao Tome and Principe'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 fo...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2010.
Series:IMF Staff Country Reports; Country Report ; No. 2010/100
Online Access:Full text available on IMF
Description
Summary:This paper presents the Democratic Republic of Sao Tome and Principe'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.
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Physical Description:1 online resource (80 pages)
Format:Mode of access: Internet
ISSN:1934-7685
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