Democratic Republic of Sao Tome and Principe Selected Issues

This Selected Issues paper for the Democratic Republic of Sao Tome and Principe (STP) underlies the recent upward trend in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires effective control of money supply and fiscal restraint. As in other...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2008
Series:IMF Staff Country Reports
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This Selected Issues paper for the Democratic Republic of Sao Tome and Principe (STP) underlies the recent upward trend in inflation that was heavily influenced by external factors. The policy mix to achieve price stability requires effective control of money supply and fiscal restraint. As in other developing countries, operational targets for monetary policy need to be considered, taking into account STP's specific circumstances. Weak financial intermediation limits the effectiveness of some monetary instruments such as short-term interest rates
Physical Description:27 pages
ISBN:9781451835175