Africa > São Tomé and Príncipe

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International Monetary Fund. African Dept.

Abstract

La chute des cours du pétrole et d'autres produits de base a nui à l'Afrique subsaharienne. La région devrait toutefois connaître une année supplémentaire de bons résultats économiques. La croissance devrait toutefois rester atone en Afrique du Sud, tandis qu'en Guinée, au Libéria et en Sierra Leone, l'épidémie d'Ebola continue d'avoir de lourdes conséquences économiques et sociales. Ce rapport examine également le profit que l'Afrique subsaharienne pourrait tirer du dividende démographique causé par une hausse sans précédent de la population en âge de travailler et étudie le niveau d'intégration de la région dans les chaînes de valeur mondiales.

International Monetary Fund. African Dept.

Abstract

The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however, growth is expected to remain lackluster, while in Guinea, Liberia, and Sierra Leone the Ebola outbreak continues to exact a heavy economic and social toll. This report also considers how sub-Saharan Africa can harness the demographic dividend from an unprecedented increase in the working age population, as well as the strength of the region's integration into global value chains.

International Monetary Fund. African Dept.
This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty, albeit far less than expected. The ratio of the incidence of poverty decreased from 53.8 percent in 2000 to 49.6 percent in 2010, representing a reduction of 4.2 percentage points, which is far below the target set in the NPRS-I for 2010, and also shows relative improvement in the depth of poverty.
International Monetary Fund
São Tomé and Principe’s economy is heavily dependent on the international economy. The study assessed the country's macroeconomic, structural, and social policies in support of growth and poverty reduction. The implementation of the National poverty reduction strategy (NPRS) through People's Action Party (PAP) made some progress with the help of reforms implemented through government incentives. PAP envisages political measures, legislative and regulatory actions, restructuring and reorganization of government agencies, and Public Investment Program (PIP) for the different pillars of the NPRS. The study assessed that successful implementation of NPRS requires stability, real ownership of NPRS, and consistency between PIP and PAP.
International Monetary Fund
This paper focuses on the Poverty Reduction Strategy Paper (PRSP) for the Democratic Republic of São Tomé and Príncipe. The National Poverty Reduction Strategy Paper represents the result of analyses of the country’s current situation as well as a set of proposals designed to rout the causes of poverty in São Tomé and Príncipe in the medium to long term, based on creating the conditions that make development viable and promote the welfare of the population. This paper is prepared in response to a perception of the problems facing the country in different areas.
International Monetary Fund
This Selected Issues Paper and Statistical Appendix presents a summary of the tax system as of December 1995 of Sao Tomé and Príncipe. It describes the exchange and payments system. The paper highlights that the currency of Sao Tome and Príncipe is the Sao Tomé and Príncipe dobra. The official exchange rate is determined daily as an average of exchange rates in the bureau de change, parallel market, and a commercial bank. Foreign exchange transactions are divided into three categories, namely import payments, transactions in foreign checks, and collection of export proceeds.