Sao Tome and Principe : Background Papers and Statistical Appendix.
This paper describes economic and financial developments in Sao Tome and Principe during the 1990s. The economic and financial performance deteriorated sharply during 1994, owing to excessively expansionary fiscal and monetary policies. Although real GDP grew virtually at the same rate as in 1993, i...
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| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1995.
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| Series: | IMF Staff Country Reports; Country Report ;
No. 1995/065 |
| Online Access: | Full text available on IMF |
| Summary: | This paper describes economic and financial developments in Sao Tome and Principe during the 1990s. The economic and financial performance deteriorated sharply during 1994, owing to excessively expansionary fiscal and monetary policies. Although real GDP grew virtually at the same rate as in 1993, inflation almost doubled. The fiscal deficit increased markedly compared with 1993, and was financed to a much greater extent than in the past by net credit from the banking system. Nonetheless, the balance of payments improved, primarily owing to higher inflows of private and official unrequited transfers. |
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| Item Description: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Physical Description: | 1 online resource (87 pages) |
| Format: | Mode of access: Internet |
| ISSN: | 1934-7685 |
| Access: | Electronic access restricted to authorized BRAC University faculty, staff and students |