Democratic Republic of Sao Tome and Principe : First Review Under the Extended Credit Facility Arrangement.

This paper discusses the Democratic Republic of Sao Tome and Principe's First Review under the Extended Credit Facility Arrangement. The economy remains vulnerable to external and domestic shocks. Growth decelerated to 4 percent in 2012, reflecting persistent global uncertainties, particularly...

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Bibliografski detalji
Autor kompanije: International Monetary Fund. African Dept
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2013.
Serija:IMF Staff Country Reports; Country Report ; No. 2013/208
Online pristup:Full text available on IMF
Opis
Sažetak:This paper discusses the Democratic Republic of Sao Tome and Principe's First Review under the Extended Credit Facility Arrangement. The economy remains vulnerable to external and domestic shocks. Growth decelerated to 4 percent in 2012, reflecting persistent global uncertainties, particularly in Europe, which contributed to a slowdown in foreign direct investment, and in the execution of the foreign-financed public investment program. Commercial banks profitability and capital-to-risk weighted assets ratio declined in 2012, reflecting more challenging lending conditions. The central bank continues to strengthen its banking supervision function through on-site inspections and enforcement of banking regulation.
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Opis:1 online resource (61 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Pristup:Electronic access restricted to authorized BRAC University faculty, staff and students