Democratic Republic of São Tomé and Príncipe

Democratic Republic of São Tomé and Príncipe

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This paper presents the Democratic Republic of SApo TomAc and PrAsncipea€™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.... the authorities signed (as of October Zoogiiiiiiion U55 share bilateral agreements with all their Paris Muiiiiaierai C, ediialt;, , S 296 28% Club creditors, ... their efforts on concluding negotiations with Angola, the main remaining Total 1014 100% Credlt0r- Sources: Country authorities and IMF staff estimates. ... The new DSA uses an updated DSA template with a dijferent discount rate and an SDR sheet.

Title:Democratic Republic of São Tomé and Príncipe
Author:International Monetary Fund
Publisher:International Monetary Fund - 2010-04-27


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