01695cas a2200241 a 4500 AALejournalIMF007439 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451834970 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Sao Tome and Principe : Recent Economic Developments and Selected Issues. Washington, D.C. : International Monetary Fund, 1997. 1 online resource (76 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 Selected Issues paper highlights that the financial performance of Sao Tome and Principe, after improving in 1995, deteriorated again in 1996, while production continued to stagnate. In 1995, the authorities adopted policies aimed at stabilizing the economy, which led to a significant improvement in the fiscal position. The strengthening of control over monetary expansion made possible a reduction of end-of-period inflation to 37 percent, from 75 percent in 1994. In 1996, however, fiscal slippages and the consequent monetary financing of the budget deficits resulted in a resurgence of inflation and currency depreciation. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1997/081 Full text available on IMF http://elibrary.imf.org/view/journals/002/1997/081/002.1997.issue-081-en.xml IMF e-Library