02156cas a2200289 a 4500 AALejournalIMF023224 230101c9999 xx r poo 0 0eng d 9798400220227 20.00 USD 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. African Dept. Democratic Republic of Sao Tome : Fifth Review Under the Extended Credit Facility Arrangement, Request for Waiver of Nonobservance of Performance Criterion and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for the Democratic Republic of Sao Tome. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (104 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 The COVID-19 pandemic exacerbated long-standing socio-economic vulnerabilities, which were further compounded by persistent energy shortages, flood-related damages at end-2021, and a sharp increase in global fuel and food prices caused by the war in Ukraine. These have put pressure on domestic inflation, aggravated electricity shortages, and disrupted business activities, with negative implications for growth in 2022. Protracted negotiations with labor unions resulted in additional wage supplements for the lowest paid category of civil servants in June 2022. Parliamentary elections are scheduled to be held in September 2022. Mode of access: Internet International Agreements and Observance imf International Organizations imf Monetary Policy imf Sao Tome and Principe, Democratic Republic of imf IMF Staff Country Reports; Country Report ; No. 2022/306 Full text available on IMF https://elibrary.imf.org/openurl?genre=journal&issn=1934-7685&volume=2022&issue=306 IMF e-Library