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São Tomé and Príncipe

Joint Staff Advisory Note on the Poverty Reduction Strategy Annual Progress Report

São Tomé and Príncipe by International Monetary Fund
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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.
International Monetary Fund; May 2008
12 pages; ISBN 9781452748740
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Title: São Tomé and Príncipe
Author: International Monetary Fund