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Sao Tome and Principe : Joint World Bank-IMF Debt Sustainability Analysis (anglais)

The country remains in debt distress due to prolonged unsettled external arrears of more than 2 percent of GDP. Staff assesses that the country has the capacity to repay the external arrears over time, as indicated by the moderate external debt ratios. While the present value (PV) of the external public and publicly guaranteed (PPG) debt-to-exports ratio breaches its threshold from 2021 to 2023 due to the COVID-19 shock and debt service-to-exports...
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