01663cas a2200241 a 4500 AALejournalIMF007399 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451834956 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Sao Tome and Principe : Background Papers and Statistical Appendix. Washington, D.C. : International Monetary Fund, 1995. 1 online resource (87 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1995/065 Full text available on IMF http://elibrary.imf.org/view/journals/002/1995/065/002.1995.issue-065-en.xml IMF e-Library