Democratic Republic of São Tomé and Príncipe; 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 São Tomé and Príncipe’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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Year of publication:	2010-04-27
Institutions:	International Monetary Fund (IMF) ; International Monetary Fund
Subject:	Announcements \| Currency pegs \| Economic growth \| Economic indicators \| Extended Credit Facility \| Fiscal reforms \| Performance criteria waivers \| Staff Reports \| Tax administration \| Tax collection \| central bank \| external debt \| debt service \| debt relief \| primary deficit \| current account \| debt service payments \| capital expenditure \| debt reduction \| fiscal policy \| external debt service \| tax revenues \| external financing \| foreign debt \| fiscal consolidation \| bilateral creditors \| tax revenue \| primary expenditure \| capital expenditures \| net external debt \| payment arrears \| public debt \| external borrowing \| current account balance \| fiscal balance \| external payment \| fiscal performance \| stock of debt \| balance of payments \| debt sustainability \| current account deficit \| debt sustainability analysis \| debt obligations \| tax base \| debt management \| revenue collection \| public expenditure \| social expenditure \| repurchases \| expenditure restraint \| repayments \| debt management department \| external shocks \| fiscal indicators \| budget support \| long-term external debt \| official creditors \| primary fiscal balance \| government revenue \| account deficits \| reconciliation of debt \| fiscal adjustment \| government spending \| fiscal discipline \| current account deficits \| external payments arrears \| fiscal deficits \| external liabilities \| fiscal targets \| taxpayer registration \| domestic currency \| debt data \| external debt data \| fiscal imbalances \| debt rescheduling \| debt relief initiatives \| tax compliance \| government budget \| fiscal outturns \| external resources \| debt policies \| debt management unit \| public and publicly guaranteed \| tax authority \| state budget \| multilateral debt \| primary fiscal deficit \| public and publicly guaranteed debt \| fiscal framework \| fiscal consolidation efforts \| imf repurchases \| multilateral debt relief \| fiscal data \| long-term debt \| fiscal space \| bilateral agreements \| expenditure programs \| loan disbursement \| external public debt \| fiscal deficit \| external payments

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Extent:	application/pdf
Series:	IMF Staff Country Reports.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series IMF Staff Country Reports Number 10/100 8 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011243526