Democratic Republic of Sao Tome and Principe [electronic resource].
- Washington, D.C. : International Monetary Fund, 2017.
- IMF eLibrary
IMF Staff Country Reports; Country Report; No. 17/382
IMF Staff Country Reports
- Government document
1 online resource (96 p.)
- Local subjects:
- Sao Tome And Principe
- The economy is expected to grow at a steady pace of 4 percent in 2017, albeit slower than projected at the second review. Over the medium term, growth is projected to accelerate to 5.5 percent, spurred by tourism, agriculture, and externally-funded investment. Meanwhile, excessive rainfall damaged some crops and raised the price of locally-produced food. Consequently, inflation is expected to increase to 6 percent at end-2017, from 5.1 percent at end-2016. Program implementation is broadly back on track. After missing the end-2016 fiscal targets by large margins, the government adopted corrective measures and met all five end-June 2017 performance criteria (PCs). The implementation of structural reforms under the program is progressing, albeit at a much slower pace than anticipated due mainly to capacity constraints and delays in the delivery of technical assistance (TA).
- Part of the IMF eLibrary collection.
Description based on print version record.
- International Monetary Fund. African Department.
- Other format:
- Print Version: Democratic Republic of Sao Tome and Principe
- Publisher Number:
- 10.5089/9781484333266.002 doi
- Access Restriction:
- Restricted for use by site license.
|Location||Notes||Your Loan Policy|
|Description||Status||Barcode||Your Loan Policy|