IMF Staff Country Reports

São Tomé and Príncipe: Joint Staff Advisory Note on the Poverty Reduction Strategy Annual Progress Report

May 13, 2008

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São Tomé and Príncipe: Joint Staff Advisory Note on the Poverty Reduction Strategy Annual Progress Report, (USA: International Monetary Fund, 2008) accessed November 26, 2024

Summary

The second Annual Progress Report (APR) evaluates progress of Poverty Reduction Strategy Paper (PRSP) implementation aimed to promote growth and reduce poverty of São Tomé and Príncipe. The report recognizes the need to tighten fiscal and monetary policies to safeguard macroeconomic stability, emphasize on strengthened implementation of public financial management reforms, and achieve MDGs, particularly in health and education. It also stressed the need to review oil prospects in future reports. The APR emphasizes on the importance of debt relief, strong policy implementation, and greater coordination with the country’s development partners.

Subject: Commodities, Education, Expenditure, Health, Taxes

Keywords: Africa, CR, Debt management strategy, Gas and mining taxes, Government, ISCR, Oil, PRSP implementation, PRSP monitoring, PRSP objective, PRSP priority, PRSP progress reports, PRSP strategy, PRSP supervision, São Tomé and Príncipe's Poverty Reduction Strategy Paper, Spending

Publication Details

  • Pages:

    11

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/155

  • Stock No:

    1STPEA2008003

  • ISBN:

    9781451835168

  • ISSN:

    1934-7685