UID:
edoccha_9960847814902883
Format:
1 online resource (84 p.)
ISBN:
1-4552-3685-3
,
1-4527-2876-3
,
1-283-55327-9
,
1-4527-5681-3
,
9786613865724
Series Statement:
IMF Country Report ; Number 07/102
Content:
This paper discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility for São Tomé and Príncipe. Structural reforms are progressing. Five of six structural benchmarks through September 2006 were met. The authorities strengthened public financial management (PFM) and laid the basis for tax reform and actions against money laundering. The 2007 agenda includes implementing a pilot PFM system and strengthening the environment for private sector activity. The draft 2007 budget shows significant consolidation efforts, given less favorable prospects for oil bonuses and the need to increase pro-poor spending.
Note:
Description based upon print version of record.
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Cover; Contents; Executive Summary; I. Background; II. Broadly Satisfactory Performance and Strengthened Economic Activity; Figures Text; 1. Real GDP and Import Volumes of Investment Goods and Petroleum Products, 2001-06; 2. Inflation, January 2004-October 2006; 3. Base Money, M3, Credit, Inflation, 2004-06; 4. Effective Exchange Rates, January 2000-September 2006; III. Policy Framework through end-2007; A. Strengthening Fiscal Policy in the Context of Debt Relief and Oil Resources; B. Monetary and Exchange Rate Policies; Boxes Text; 1. Public Financial Management Reform
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C. Improving the Climate for Private Sector Development2. Tax Reform; D. Donor and Debt Issues; IV. Program Monitoring and Risks; V. Staff Appraisal; Figure; 1. Economic and Fiscal Indicators, 2001-06; Tables; 1. Selected Economic Indicators, 2003-10; 2. Financial Operations of the Central Government, 2004-10 (Billions of dobras); 3. Financial Operations of the Central Government, 2004-10 (Percent of GDP); 4. Monetary Survey, 2003-07; 5. Summary Accounts of the Central Bank, 2003-07; 6. Balance of Payments, 2003-10; 7. External Financing Requirements and Sources, 2005-08
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8. Performance Criteria and Indicative Targets for 20069. Millennium Development Goals; 10. Schedule of Disbursements Under the PRGF Arrangement, 2005-08; 11. Indicators of Fund Credit, 2006-10; 12. Financial Soundness Indicators for the Banking Sector, 2003-06; Appendices; I. Letter of Intent; Attachment I. Memorandum of Economic and Financial Policies; Table 1. São Tomé and Príncipe: Performance Criteria and Indicative Targets for 2006-07; Table 2. São Tomé and Príncipe: Structural Performance Criteria and Benchmarks Under PRGF Arrangement, December 2006-December 2007
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Table 3. São Tomé and Príncipe: Tax Policy and Business Climate Measures November 2006-December 2007Table 4. São Tomé and Príncipe: Structural Performance Criterion and Benchmarks Under the PRGF-Supported Program (March-December 2006); Table 5. São Tomé and Príncipe: Monetary Policy and Banking Supervision Measures; Attachment II. Technical Memorandum of Understanding; II. Relations with the Fund; III. Relations with the World Bank Group; Table III.1. São Tomé and Príncipe: Statement of IDA Credits as of December 1, 2006; Table III.2. São Tomé and Príncipe: Areas of Bank-Fund Collaboration
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IV. Relations with the African Development Bank GroupTable IV.1 Ongoing Projects as of December 6, 2006; V. Statistical Issues; Statement by the IMF Staff Representative; Press Release; Statement by Mr. Laurean W. Rutayisire, Executive Director
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English
Additional Edition:
ISBN 1-4518-3512-4
Language:
English
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