TY - BOOK ID - 133398618 TI - Democratic Republic of São Tomé and Príncipe: Staff Report for 2022 Article IV Consultation; Fourth Review Under the Extended Credit Facility Arrangement, Request for Waivers for Nonobservance of Performance Criteria, Modification of Performance Criteria and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for São Tomé and Príncipe. PY - 2022 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Money and Monetary Policy KW - International Economics KW - Public Finance KW - Exports and Imports KW - Macroeconomics KW - Diseases: Contagious KW - Banks and Banking KW - Monetary Policy KW - International Agreements and Observance KW - International Organizations KW - International Lending and Debt Problems KW - Debt KW - Debt Management KW - Sovereign Debt KW - Energy: Demand and Supply KW - Prices KW - Health Behavior KW - Monetary economics KW - International institutions KW - Public finance & taxation KW - International economics KW - Infectious & contagious diseases KW - Banking KW - Monetary policy KW - International organization KW - Public debt KW - Health KW - External debt KW - Central banks KW - International agencies KW - Debts, External KW - Debts, Public KW - Communicable diseases KW - Foreign exchange reserves KW - São Tomé and Príncipe, Democratic Republic of UR - https://www.unicat.be/uniCat?func=search&query=sysid:133398618 AB - São Tomé and Príncipe has maintained macroeconomic stability, despite many challenges. The COVID-19 pandemic exacerbated long-standing socio-economic vulnerabilities, which were further compounded by persistent energy shortages and damages from the floods in end-2021. Growth declined in 2021 with power outages, while a targeted expansion of the cash transfer and food support programs provided needed relief to the most vulnerable. Strong grant financing remains critical for mitigating the impact of the pandemic. Vaccinations are proceeding, although the new COVID-19 variants pose risks for protracting the impact of the pandemic and require renewed actions to mitigate those risks. Parliamentary elections are expected in October 2022. ER -