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Sao Tome and Principe - Country financing parameters

11 Mar 2010

This Board Report deals with the country financing parameters of Sao Tome and Principe (STP). It explains that Government ownership is key and will continue to be emphasized. The Bank will encourage project teams to seek co-financing by other development partners in all projects. It can however be expected that there will be some projects in which the Bank may finance 100 percent of project costs. This will also be the case for IDF grants and recipient-executed trust funds. In addition, given STP's fragile financial situation, the Bank will continue to monitor the aggregate fiscal and debt situation and its implications for recurrent cost financing.
health africa governance taxation urban development sao tome and principe local cost financing financial situation government ownership taxation & subsidies economic adjustment and lending public finance decentralization and poverty reduction macro-fiscal policy public sector economics nutrition and population finance and financial sector development project sustainability project costing debt situation high share aggregate fiscal alternative measure domestic borrowing cost financing foreign expenditure idf grant local costs local expenditure budget outlay
Disclosure Date
2010-03-22
Disclosure Status
Disclosed
Doc Name
Sao Tome and Principe - Country financing parameters
Published in
United States of America
Total Volume(s)
1
Unit Owning
Policy and Operations (SECPO)
Version Type
Final
Volume No
1

Files

534370BR0IDA1S101Official0Use0Only1.pdf

534370BR0IDA1S101Official0Use0Only1.txt

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