São Tomé and Príncipe: Poverty Reduction Strategy Paper Progress Report
IMF Staff Country Reports, May 13, 2008
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- São Tomé and Príncipe: Poverty Reduction Strategy Paper Progress Report
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Bibliographic details
- Published: May 13, 2008
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451835151.002
Overview
- São Tomé and Principe’s economy is heavily dependent on the international economy.
- The study assessed the country's macroeconomic, structural, and social policies in support of growth and poverty reduction.
- The implementation of the National poverty reduction strategy (NPRS) through People's Action Party (PAP) made some progress with the help of reforms implemented through government incentives.
Implementation and institutional measures
- PAP envisages political measures, legislative and regulatory actions, restructuring and reorganization of government agencies, and Public Investment Program (PIP) for the different pillars of the NPRS.
- Reforms were implemented through government incentives to support NPRS execution.
Assessment and preconditions for success
- The study assessed that successful implementation of NPRS requires:
- stability,
- real ownership of NPRS,
- consistency between PIP and PAP.
Subject areas and keywords
- Subject: Education, Health, Population and demographics, Poverty, Poverty Reduction, Poverty reduction strategy
- Keywords: CR, financial support, Global, government, government incentive, ISCR, local government, Poverty reduction, Poverty reduction strategy, primary education, secondary education, State reform, Sub-Saharan Africa, XI program