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Record Nr. |
UNINA9910157524803321 |
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Titolo |
Democratic Republic of São Tomé and Príncipe : : Second Review under the Extended Credit Facility, and Request for Waivers for Nonobservance of Performance Criterion and Modification of Performance Criteria-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of São Tomé and Príncipe |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2016 |
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ISBN |
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9781475561739 |
1475561733 |
9781475561807 |
1475561806 |
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Descrizione fisica |
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1 online resource (75 pages) : illustrations, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Economic development |
Banks and Banking |
Finance: General |
Macroeconomics |
Public Finance |
Statistics |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Monetary Policy |
General Aggregative Models: General |
Financial Institutions and Services: Government Policy and Regulation |
National Government Expenditures and Related Policies: General |
Taxation, Subsidies, and Revenue: General |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Banking |
Public finance & taxation |
Financial services law & regulation |
Labour |
income economics |
Econometrics & economic statistics |
Bank deposits |
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International reserves |
Commercial banks |
National accounts |
Central banks |
Financial institutions |
Financial services |
Revenue administration |
Banks and banking |
Foreign exchange reserves |
National income |
State supervision |
Finance, Public |
Revenue |
Income economics |
São Tomé and Príncipe, Democratic Republic of |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This paper discusses São Tomé and Príncipe’s Second Review Under the Extended Credit Facility (ECF) and Request for Waivers for Nonobservance of Performance Criteria and modification of performance criteria. The economic outlook for 2017 and the medium term is favorable, but not without risks. The main sources of short-term risks to the outlook are ongoing pressure on foreign exchange supply, liquidation of Bank Equador, and continued weakness in the banking sector. In addition, the economy will remain vulnerable to global developments, including weak demand in the key European and emerging markets. The IMF staff recommends completion of the second review and the disbursement of an amount equivalent to SDR 634,285 under the ECF arrangement. |
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