Sao Tome and Principe has maintained macroeconomic stability in the period since the previous ECF review (February 2021). International support and the authorities' swift actions helped mitigate the impact of the pandemic so far. Growth is estimated at 3 percent in 2020, supported by...

This paper discusses recent economic developments and economic outlook and risks of Sao Tome and Principe. Although Sao Tome and Principe's economic development is constrained by its insularity, fragility, limited resources, and low capacity as a small island state, this African country has made...

This paper discusses the following selected issues related to the Sao Tome and Principe's economy: tourism competitiveness in Sao Tome and Principe-challenges and strategy, macro-financial linkages, private sector development, and challenges of small financial systems. Sao Tome and Principe has...

This paper discusses Sao Tome and Principe's 2018 Article IV Consultation, Fifth Review Under the Extended Credit Facility, Request for Waivers for Nonobservance of Performance Criteria, and Financing Assurances Review. Sao Tome and Principe's GDP growth in 2017 is estimated at about 4 percent,...