02032cas a2200241 a 4500 AALejournalIMF022881 230101c9999 xx r poo 0 0eng d 20.00 USD 9781451835120 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Democratic Republic of Sao Tome and Principe : Third Review of the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria and Modification and Deletion of Performance Criteria Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Democratic Republic of Sao Tome and Principe. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (83 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 discusses key findings of the Third Review Under the Poverty Reduction and Growth Facility for Sao Tome and Principe. Structural reforms are progressing. Five of six structural benchmarks through September 2006 were met. The authorities strengthened public financial management (PFM) and laid the basis for tax reform and actions against money laundering. The 2007 agenda includes implementing a pilot PFM system and strengthening the environment for private sector activity. The draft 2007 budget shows significant consolidation efforts, given less favorable prospects for oil bonuses and the need to increase pro-poor spending. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2007/102 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2007&issue=102 IMF e-Library