This economy profile for Doing Business 2015 presents the 11 Doing Business indicators for Sao Tome and Principe. To allow for useful comparison, the profile also provides data for other selected economies (comparator economies) for each indicator.
... See More + Doing Business 2015 is the 12th edition in a series of annual reports measuring the regulations that enhance business activity and those that constrain it. Economies are ranked on their ease of doing business; for 2015 Sao Tome and Principe ranks 153. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm. Doing Business presents quantitative indicators on business regulations and the protection of property rights that can be compared across 189 economies from Afghanistan to Zimbabwe and over time. Doing Business measures regulations affecting 11 areas of the life of a business known as indicators. Ten of these areas are included in this year's ranking on the ease of doing business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, and resolving insolvency. Doing Business also measures labor market regulation, which is not included in this year's ranking. The data in this report are current as of June 1, 2014 (except for the paying taxes indicators, which cover the period from January to December 2013).
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This review examines the implementation of the FY2006-09 Sao Tome and Principe (STP) country partnership strategy (CPS) of FY2005 and the FY2011-12 interim strategy note (ISN) of FY2011, and assesses the country assistance strategy completion report (CASCR).
... See More + While the CPS was an International Development Association (IDA)-only strategy, the ISN was jointly implemented by IDA and International Finance Corporation (IFC). This review covers the joint program of the two institutions over the ISN period. The overall objective of the CPS was to support the implementation of the poverty reduction strategy paper (PRSP) and to provide assistance to STP to ensure that it is sufficiently prepared to maximize the benefits of future oil revenues. The World Bank Group (WBG) support under the ISN was organized under two pillars: (i) accelerating sustainable and broad-based economic growth, and (ii) strengthening governance, public institutions, and human capital. The WBG adequately identified and mitigated risks and responded well to changing circumstances and priorities of the country as reflected in its response to the 2008-09 crises and in the fact that the ISN adapted to the shift in government's priorities originating from uncertainties such as when oil revenues were likely to materialize.
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The Quality Education for All Project for São Tomé and Príncipe objective is the proposed operation is to improve the system of in-service teacher training and to strengthen the management of human resources in the education sector in São Tomé and Príncipe.
... See More + The components of the Original Project will remain unchanged. The changes being proposed include the following: (i) training of 267 additional primary education teachers; (ii) supporting a learning assessment test for 6th grade (was only planned for 4th grade); (iii) piloting a small-scale impact evaluation in 40 schools (was only planned for 100 schools); and (iv) purchasing additional computers and ensuring internet connectivity of schools to the central level. New activities to be financed under the AF include: (i) training of 100 pre-school teachers; (ii) training of 100 pre-school trainers of trainers; (iii) supporting the review of pre-school curricula; and (iv) the purchase of equipment and pedagogical materials for the teacher training school.
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Covering the period from FY2014 to 2018, this World Bank Group (WBG) country partnership strategy (CPS) for the Democratic Republic of Sao Tome and Principe (STP) is timed to support the implementation of STP's second poverty reduction strategy paper (PRSP II).
... See More + It builds on the most recent country assistance strategy (CAS), which was extended into FY2012 through an interim strategy note (ISN) to allow the government to finalize the new PRSP. PRSP II is designed to reduce poverty in STP by creating the conditions needed for growth and job creation. Growth prospects have recently been affected by the fact that oil production is not likely to commence as expected in 2015. Although STP has made major advances in human development outcomes in health and education, it appears from current trends that STP will probably not meet all the millennium development goals (MDGs), particularly those related to gender, and sanitation. However, it has made notable progress in improving the investment climate and the business environment. The CPS is directed to the twin goals of poverty reduction and shared prosperity by strengthening the conditions for job creation. The expected financial envelope for the FY2014-18 strategy period will include an International Development Association (IDA) 16-17 allocation equivalent of about United States (U.S.) 20 million dollars (excluding new regional IDA activities). The CPS presents measures to mitigate the numerous risks to the WBG strategy. The main risks are political uncertainty, inadequate institutional and implementation capacity, possible macroeconomic instability and external shocks, a weak nexus between growth and poverty reduction, and issues of economic governance.
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Country Assistance Strategy Document 83144 MAY 28, 2014
The Country Opinion Survey for FY2012 in Sao Tome and Principe assists the World Bank Group (WBG) in gaining a better understanding of how stakeholders in Sao Tome and Principe perceive the WBG.
... See More + It provides the WBG with systematic feedback from national and local governments, multilateral/bilateral agencies, media, academia, the private sector, and civil society in Sao Tome and Principe on 1) their views regarding the general environment in Sao Tome and Principe; 2) their overall attitudes toward the WBG in Sao Tome and Principe; 3) overall impressions of the WBGs effectiveness and results, knowledge work and activities, and communication and information sharing in Sao Tome and Principe; and 4) their perceptions of the WBGs future role in Sao Tome and Principe.
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