Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Sao Tome and Principe Eco Journal.

International Monetary Fund (IMF) Staff completes Program Negotiation Mission to São Tomé and Príncipe
Download logo Significant progress was made in the discussions with the government on the economic policies and reforms that could be supported by a new IMF arrangement; São Tomé and Príncipe’s economy is facing serious challenges and experiencing...

Women’s Economic Empowerment and Financial Inclusion in the Democratic Republic of São Tomé and Príncipe
Began drafting a national action plan on women’s economic empowerment and financial inclusion. The plan will be discussed at a July 31 high-level conference celebrating African Woman’s Day. A new government took office in December 2018 in São Tomé...

IMF Staff Completes Program Negotiation Mission to São Tomé and Príncipe
August 6, 2019 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

IMF Staff Concludes Program Negotiation Mission to São Tomé and Príncipe
Download logo São Tomé and Príncipe’s economy is experiencing strong imbalances and slower growth; Reversing large deficit spending of 2018 and implementing comprehensive structural reforms in energy and tourism sectors are needed to unleash the...

IMF Staff Concludes Program Negotiation Mission to São Tomé and Príncipe
April 4, 2019 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

IMF Staff Completes Staff Visit Mission for São Tomé and Príncipe
January 31, 2019 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

IMF Executive Board Concludes 2018 Article IV Consultation with the Democratic Republic of São Tomé and Príncipe
July 27, 2018 On July 23, 2018, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation [1] with the Democratic Republic of São Tomé and Príncipe. GDP growth in 2017 is estimated at about 4 percent,...

Going beyond short-term health solutions in West Africa
World Health Day is a reminder that every child deserves access to quality healthcare, nutritious food, and a safe environment to grow and thrive. Championing the health of our future generation are UN Volunteers, Alec Mkwamba and Milamedinar Vaz...

African Development Bank President in São Tomé and Príncipe to strengthen alliances
The first President of the African Development Bank (www.AfDB.org) group to set foot on São Tomé and Príncipe, Akinwumi Adesina has arrived in the country for a five-day official visit to strengthen alliances between his institution and this lower...

IFTM online training programme in collaboration with UNWTO Solutions for Sustainable Tourism Development and Destination Branding in Times of Crisis and Beyond
MACAU, December 23 - The Global Centre of Tourism Education and Training of the Macao Institute for Tourism Studies, in collaboration with United Nations World Tourism Organisation, held its second training programme this year on 6, 7 and 9 Dec...

Sao Tome and Principe National Day
Press Statement John Kerry Secretary of State Washington, DC July 12, 2016 On behalf of President Obama and the American people, I congratulate the people of the Democratic Republic of Sao Tome and Principe on the 41st anniversary of your...

São Tomé and Príncipe: IMF Executive Board Concludes 2016 Article IV Consultation
Press Release No. 16/289 June 17, 2016 On June 10, 2016, the Executive Board of the International Monetary Fund (IMF) concluded the 2016 Article IV consultation1 with the Democratic Republic of São Tomé and Príncipe. São Tomé and Príncipe’s...

São Tomé and Príncipe: IMF Executive Board Completes the First Review under the ECF Arrangement and Approves US$0.9 Million Disbursement
Press Release No. 16/275 June 10, 2016 The Executive Board of the International Monetary Fund (IMF) today completed the first review of São Tomé and Príncipe’s performance under the economic program supported by an Extended Credit Facility (ECF)...

IMF Staff Completes Combined 2018 Article IV Consultation and Fifth ECF Review Mission for São Tomé and Príncipe
April 12, 2018 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not necessarily represent the...

International Monetary Fund Staff Completes Combined 2018 Article IV Consultation and Fifth Extended Credit Facility Review Mission for São Tomé and Príncipe
Real GDP growth is expected to stay at around 4 percent in 2018, and accelerate gradually in the medium term, supported by structural reforms and infrastructural projects. The government reduced the fiscal deficit in 2017 by aligning spending with...

IMF Executive Board Concludes Third and Fourth Reviews of the Program Supported by the Extended Credit Facility (ECF) Arrangement with São Tomé and Príncipe
The Executive Board of the International Monetary Fund (IMF) today completed the third and fourth reviews of the arrangement under the Extended Credit Facility (ECF) [1] for São Tomé and Príncipe. The Board’s decision enables the immediate...

Readout of the Secretary-General’s meeting with H.E. Mr. Evaristo Carvalho, President of the Republic of São Tomé and Príncipe
The Secretary-General met with H.E. Mr. Evaristo Carvalho, President of the Republic of São Tomé and Príncipe. They discussed the implementation of the Sustainable Development Goals and São Tomé and Príncipe’s commitment to regional integration....

Embassy welcomes returning Angolan and Sao Tome and Principe Chevening scholars
After the successful completion of their Chevening Scholarships in the UK and return to Angola, the British Ambassador John Dennis welcomed the newest group of Angolan Chevening alumni at a reception at the Ambassador’s Residence in Luanda. The...

São Tomé and Príncipe: IMF Mission Reaches Staff-Level Agreement on an Extended Credit Facility Arrangement
Press Release No. 15/194 May 7, 2015 End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. The views expressed in this statement are those of the IMF staff and do not...

IMF Staff Completes Visit to São Tomé and Príncipe
Economic prospects are favorable, with growth expected to be around 5 percent in 2017 Inflation rose to 5.1 percent at end-2016, up from 4 percent in 2015 Domestic primary deficit in 2016 was higher than expected A staff team from the...