01966cas a2200241 a 4500 AALejournalIMF018708 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484372227 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Democratic Republic of Sao Tome and Principe : 2018 Article IV Consultation, Fifth Review Under the Extended Credit Facility Arrangement, Request for Waivers for Nonobservance of Performance Criteria, and Financing Assurances Review. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (118 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper discusses Sao Tome and Principe's 2018 Article IV Consultation, Fifth Review Under the Extended Credit Facility, Request for Waivers for Nonobservance of Performance Criteria, and Financing Assurances Review. Sao Tome and Principe's GDP growth in 2017 is estimated at about 4 percent, similar to the previous two years. Inflation spiked to 7.7 percent at end 2017, caused by unfavorable weather conditions and an increase in import taxes on selective goods. Fiscal consolidation continued albeit at a slower pace than expected. The macroeconomic outlook is positive. Growth is expected to remain at 4 percent in 2018 and to accelerate to 5 percent in the medium term as new externally-financed projects get under way. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/251 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/251/002.2018.issue-251-en.xml IMF e-Library