{"title":"São Tomé and Príncipe","authors":"H. Fleischhacker","doi":"10.1093/0198296452.003.0041","DOIUrl":null,"url":null,"abstract":"STP has faced severe macroeconomic imbalances. Growth stagnated amid successive shocks, most recently the impact of Russia’s invasion of Ukraine, and recurrent energy crisis. Inflation spiked to 25 percent as a monetary-financed fiscal deficit depleted foreign reserves. Measures to restore macroeconomic stability included ceasing monetary financing and adjusting fuel prices. Delayed implementation of structural reforms and an uncertain global environment poses risks to outlook. Key conditions and challenges","PeriodicalId":153633,"journal":{"name":"Africa Yearbook Volume 17","volume":"14 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"1999-07-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"14","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Africa Yearbook Volume 17","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/0198296452.003.0041","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 14
Abstract
STP has faced severe macroeconomic imbalances. Growth stagnated amid successive shocks, most recently the impact of Russia’s invasion of Ukraine, and recurrent energy crisis. Inflation spiked to 25 percent as a monetary-financed fiscal deficit depleted foreign reserves. Measures to restore macroeconomic stability included ceasing monetary financing and adjusting fuel prices. Delayed implementation of structural reforms and an uncertain global environment poses risks to outlook. Key conditions and challenges
京公网安备 11010802042870号
京ICP备2023020795号-1
分享
求助内容：
应助结果提醒方式：
扫码关注我们
