Democratic Republic of Sao Tome : Second Review under the Extended Credit Facility, Request for Waiver for Nonobservance of Performance Criterion, Request for Modification of Performance Criteria, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of Sao Tome.

The COVID-19 pandemic is having a severe impact on Sao Tome and Principe's economy, exacerbating fiscal and external imbalances. Tourism activities and external remittances dropped sharply, while lockdown measures further deepened the recession. The authorities' swift actions and unprecede...

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Ente Autore: International Monetary Fund. African Dept
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2021.
Serie:IMF Staff Country Reports; Country Report ; No. 2021/051
Soggetti:
Accesso online:Full text available on IMF
Descrizione
Riassunto:The COVID-19 pandemic is having a severe impact on Sao Tome and Principe's economy, exacerbating fiscal and external imbalances. Tourism activities and external remittances dropped sharply, while lockdown measures further deepened the recession. The authorities' swift actions and unprecedented international financial support are helping the country weather the emergency. The economy began to reopen in the fall, but the outlook for 2021 remains challenging and subject to significant uncertainty.
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Descrizione fisica:1 online resource (118 pages)
Natura:Mode of access: Internet
ISSN:1934-7685
Accesso:Electronic access restricted to authorized BRAC University faculty, staff and students