São Tomé and Príncipe (STP) remains in debt distress, due to prolonged unsettled external arrears of around 1.6 percent of GDP at end-2023. Nevertheless, staff assesses that the country has the capacity to repay the external arrears over time. The recovery of exports and fiscal consolidation will help lower debt risks. Two external debt indicators temporarily breach their respective thresholds under the baseline. Specifically, the present value (PV)...
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DETAILS
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2024/12/31
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Board Report
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198020
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1
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2025/03/20
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Disclosed
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São Tomé and Principe - Joint World Bank-IMF Debt Sustainability Analysis
Citation
World Bank.
São Tomé and Principe - Joint World Bank-IMF Debt Sustainability Analysis (English). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099032025114560445