Sao Tome and Principe - Structural Adjustment Programme III (SAP III)


Project Summary

Approval Date 11 Apr 2001
Signature Date 30 May 2001
Planned Completion Date 30 Dec 2004
Last Disbursement Planned Date 31 Dec 2004
Sovereign / Non-Sovereign Sovereign
Sector Multi-Sector
DAC Sector Code 15124
Commitment U.A 1,600,000
Status Completion

Project General Description

The third Structural Adjustment Program (SAP III) in Sao Tome and Principe supports the three-year program 2000-2002 also supported by the IMF, the World Bank (WB) and the European Union (EU). It is part of the overarching goal of reducing poverty in the long term. SAP III consolidates the results of the macroeconomic framework stabilization program previously put in place to promote sustainable growth based on the private sector. The program, which is executable in one year, is financed by the ADF for 1.6 MUC and provides 25 measures spread over four components.

Project Objectives

The basic objective of the program is to reduce poverty in the long term and promote sustainable, balanced and equitable growth in Sao Tome and Principe.

Beneficiaries

The beneficiary of the program is mainly the Government of the Republic of Sao Tome and Principe.

Participating Organization

Funding
African Development Fund
Implementing
GOUVERNEMNT DE SAO TOME AND PRINCIPE MINISTERE DE ECONOMIE ET DES FINANCES

Information

IATI identifier 46002-P-ST-KA0-001
Last Update 01 Dec 2022

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Contact Details

Name OBAYASHI Natsuko

Geographic Location

Country Sao Tome and Principe
Coordinates Location Name
0.33654 6.72732 Sao Tomé and Principe