Democratic Republic of Sao Tome and Principe : Request for a 40-month Arrangement Under the Extended Credit Facility-Press Release; Staff Report; and Statement by the Executive Director for Democratic Republic of Sao Tome and Principe.

Sao Tome and Principe is a fragile, small island-state, with limited resources and capacity. The last Extended Credit Facility (ECF) arrangement expired at end-2018 having gone off-track amid parliamentary elections, power outages, internal and external imbalances, and high debt vulnerability. Growt...

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Korporativní autor: International Monetary Fund. African Dept
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Staff Country Reports; Country Report ; No. 2019/315
On-line přístup:Full text available on IMF
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Shrnutí:Sao Tome and Principe is a fragile, small island-state, with limited resources and capacity. The last Extended Credit Facility (ECF) arrangement expired at end-2018 having gone off-track amid parliamentary elections, power outages, internal and external imbalances, and high debt vulnerability. Growth slowed, inflation rose, the fiscal position deteriorated, and foreign reserves declined sharply in 2018, while some critical structural reforms were delayed. Higher and more inclusive growth is needed to reduce poverty and unemployment, particularly among the large youth population.
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Fyzický popis:1 online resource (128 pages)
Médium:Mode of access: Internet
ISSN:1934-76851
Přístup:Electronic access restricted to authorized BRAC University faculty, staff and students