Publication:
Democratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 1. Executive Summary

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dc.contributor.authorWorld Bank
dc.date.accessioned2012-06-11T20:52:23Z
dc.date.available2012-06-11T20:52:23Z
dc.date.issued2007-06
dc.description.abstractThis Integrated Fiduciary Assessment is the first of its kind for Sao Tome and Principe. It combines the analysis and policy recommendations from a public expenditure review (PER), a country financial accountability assessment (CFAA), and a country procurement assessment review (CPAR). The goal of the report is to identify the major challenges facing the country in the prepetroleum era (the next three to five years) in public finance management (including public enterprises) as it attempts to implement its National Poverty Reduction Strategy (NPRS) with a tight resource envelope. This executive summary presents recent economic developments and fiscal sustainability analysis that takes into account petroleum and no-petroleum scenarios, with corresponding analysis on which of the Millennium Development Goals (MDGs) are reachable. The summary reports on revenue and expenditure performance since 2000-01, issues related to the implementation of the public investment program (PIP) and its coordination with the NPRS, and the budget process, including findings from the Health PER, which highlights a lack of allocative efficiency. The summary reports on the financial fragility of state-owned enterprises (SOEs) and the possible fiscal consequences for the central budget, especially regarding the implicit subsidies and tax breaks to (and the hypothetical tariff increases of) the electricity and water company. The summary of reports on the status of the public finance management system (budget preparation, execution, control, governance, and human resources) and the reform process that may address many of the concerns it rises. Finally, the summary presents the findings related to the procurement process, including the legislative and regulatory framework, institutional framework and management capacity, procurement operations and market practices, and integrity and transparency of the system.en
dc.identifierhttp://documents.worldbank.org/curated/en/2007/06/9823579/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-1-4-executive-summary-country-integrated-fiduciary-assessment
dc.identifier.doi10.1596/7732
dc.identifier.urihttps://hdl.handle.net/10986/7732
dc.languageEnglish
dc.language.isoen_US
dc.publisherWashington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESS TO INFORMATION
dc.subjectACCOUNTING
dc.subjectACCOUNTING SYSTEM
dc.subjectALLOCATION
dc.subjectALLOCATION OF RESOURCES
dc.subjectANNUAL BUDGET
dc.subjectARTICLE
dc.subjectAUDIT SYSTEM
dc.subjectBENEFICIARIES
dc.subjectBUDGET ALLOCATIONS
dc.subjectBUDGET CYCLE
dc.subjectBUDGET DISCIPLINE
dc.subjectBUDGET DOES
dc.subjectBUDGET EXECUTION
dc.subjectBUDGET FORMULATION
dc.subjectBUDGET IMPLEMENTATION
dc.subjectBUDGET LAW
dc.subjectBUDGET MANAGEMENT
dc.subjectBUDGET MANAGEMENT PROCESS
dc.subjectBUDGET PLANNING
dc.subjectBUDGET PREPARATION
dc.subjectBUDGET PROCESS
dc.subjectBUDGET SUPPORT
dc.subjectBUDGETARY CONSTRAINTS
dc.subjectBUDGETARY DISCIPLINE
dc.subjectBUDGETARY IMPACT
dc.subjectBUDGETARY PRACTICES
dc.subjectBUDGETARY PROCESS
dc.subjectBUDGETARY RESOURCES
dc.subjectBUDGETARY SYSTEM
dc.subjectBUDGETING PROCESS
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL EXPENDITURE
dc.subjectCAPITAL EXPENDITURES
dc.subjectCASH BUDGETING
dc.subjectCASH FLOW
dc.subjectCASH FLOWS
dc.subjectCASH MANAGEMENT
dc.subjectCENTRAL BANK
dc.subjectCENTRAL BUDGET
dc.subjectCENTRAL GOVERNMENT
dc.subjectCIVIL SERVANTS
dc.subjectCIVIL SERVICE
dc.subjectCONFLICTS OF INTEREST
dc.subjectCONTINGENT LIABILITIES
dc.subjectCOST ESTIMATES
dc.subjectCOST RECOVERY
dc.subjectCOST-EFFICIENCY
dc.subjectCOUNTERPART FUNDS
dc.subjectCOUNTRY PROCUREMENT
dc.subjectCOUNTRY PROCUREMENT ASSESSMENT
dc.subjectDATA AVAILABILITY
dc.subjectDEBT
dc.subjectDEBT RELIEF
dc.subjectDECENTRALIZATION
dc.subjectDECISION-MAKERS
dc.subjectDEVELOPMENT BANK
dc.subjectDOMESTIC DEMAND
dc.subjectDOMESTIC EXPENDITURE
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC REVENUE
dc.subjectDONOR COORDINATION
dc.subjectDONOR FINANCING
dc.subjectDONOR FUNDS
dc.subjectECONOMIC CLASSIFICATION
dc.subjectECONOMIC GROWTH
dc.subjectEXPENDITURE BUDGET
dc.subjectEXPENDITURE CATEGORIES
dc.subjectEXPENDITURE PLANNING
dc.subjectEXPENDITURE POLICIES
dc.subjectEXPENDITURE PROCESS
dc.subjectEXPENDITURES
dc.subjectEXTERNAL AID
dc.subjectEXTERNAL AUDITS
dc.subjectEXTERNAL FINANCING
dc.subjectEXTERNAL SHOCKS
dc.subjectFIDUCIARY ASSESSMENT
dc.subjectFINANCIAL ACCOUNTABILITY
dc.subjectFINANCIAL FLOWS
dc.subjectFINANCIAL IMPACT
dc.subjectFINANCIAL IMPLICATIONS
dc.subjectFINANCIAL INFORMATION
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL MANAGEMENT SYSTEMS
dc.subjectFINANCIAL POSITION
dc.subjectFINANCIAL PROGRAM
dc.subjectFINANCIAL PROGRAMMING
dc.subjectFINANCIAL REQUIREMENTS
dc.subjectFINANCIAL RESOURCES
dc.subjectFINANCIAL STATUS
dc.subjectFISCAL ADJUSTMENT
dc.subjectFISCAL CONSEQUENCES
dc.subjectFISCAL CONSTRAINT
dc.subjectFISCAL DEFICIT
dc.subjectFISCAL DEFICITS
dc.subjectFISCAL DISCIPLINE
dc.subjectFISCAL OPERATIONS
dc.subjectFISCAL POLICIES
dc.subjectFISCAL REVENUE
dc.subjectFISCAL STANCE
dc.subjectFISCAL SUSTAINABILITY
dc.subjectFISCAL YEARS
dc.subjectGENERAL ACCOUNTS
dc.subjectGOVERNMENT ACCOUNTING
dc.subjectGOVERNMENT BUDGET
dc.subjectGOVERNMENT EXPENDITURE
dc.subjectGOVERNMENT REVENUES
dc.subjectGROSS DOMESTIC PRODUCT
dc.subjectHARD BUDGET CONSTRAINTS
dc.subjectHEALTH CARE
dc.subjectHEALTH CARE SYSTEM
dc.subjectHEALTH SECTOR
dc.subjectHEALTH SERVICES
dc.subjectHEALTH UNITS
dc.subjectINFLATION
dc.subjectINFORMATION EXCHANGE
dc.subjectINFORMATION TECHNOLOGY
dc.subjectINTERNAL AUDIT
dc.subjectINTERNAL CONTROL
dc.subjectINTERNAL CONTROLS
dc.subjectINVESTMENT BUDGET
dc.subjectINVESTMENT BUDGETING
dc.subjectLOCAL TAXES
dc.subjectLONG-TERM DEBT
dc.subjectMACROECONOMIC FRAMEWORK
dc.subjectMACROECONOMIC MODEL
dc.subjectMEDIUM TERM EXPENDITURE
dc.subjectMEDIUM TERM EXPENDITURE FRAMEWORK
dc.subjectMONETARY DISCIPLINE
dc.subjectMONETARY POLICY
dc.subjectNATIONAL AUTHORITIES
dc.subjectNATIONAL BUDGETS
dc.subjectNATIONAL DEVELOPMENT
dc.subjectNATIONAL INCOME
dc.subjectNATIONAL POLICY
dc.subjectNATIONAL STRATEGY
dc.subjectNATURAL DISASTERS
dc.subjectNATURAL RESOURCES
dc.subjectNET LENDING
dc.subjectOIL PRICES
dc.subjectPOVERTY REDUCTION
dc.subjectPOVERTY REDUCTION STRATEGY
dc.subjectPRIMARY DEFICITS
dc.subjectPRIVATE ENTERPRISES
dc.subjectPRIVATE INVESTMENT
dc.subjectPRIVATE SECTOR
dc.subjectPROCESS OF BUDGET EXECUTION
dc.subjectPROCUREMENT PROCESS
dc.subjectPROGRAMS
dc.subjectPUBLIC ACCOUNTS
dc.subjectPUBLIC ADMINISTRATION
dc.subjectPUBLIC BUDGET
dc.subjectPUBLIC COMPANIES
dc.subjectPUBLIC DEBT
dc.subjectPUBLIC ENTERPRISES
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC EXPENDITURE ANALYSIS
dc.subjectPUBLIC EXPENDITURE REVIEW
dc.subjectPUBLIC FINANCE
dc.subjectPUBLIC FINANCIAL MANAGEMENT
dc.subjectPUBLIC FUNDS
dc.subjectPUBLIC INVESTMENT
dc.subjectPUBLIC INVESTMENT PROGRAM
dc.subjectPUBLIC MANAGEMENT
dc.subjectPUBLIC OFFICIALS
dc.subjectPUBLIC PROCUREMENT
dc.subjectPUBLIC REVENUES
dc.subjectPUBLIC SECTOR
dc.subjectPUBLIC SECTORS
dc.subjectPUBLIC SERVICE
dc.subjectPUBLIC SPENDING
dc.subjectPUBLIC WORKS
dc.subjectRECURRENT EXPENDITURE
dc.subjectREFORM PROCESS
dc.subjectREFORM PROGRAM
dc.subjectREGIONAL ADMINISTRATION
dc.subjectREGULATORY FRAMEWORK
dc.subjectRESERVE FUNDS
dc.subjectSECTOR POLICIES
dc.subjectSERVICE DELIVERY
dc.subjectSOCIAL EXPENDITURES
dc.subjectSOCIAL INDICATORS
dc.subjectSOCIAL PROGRAMS
dc.subjectSOCIAL PROJECTS
dc.subjectSTATE BUDGET
dc.subjectSTRUCTURAL DEFICIT
dc.subjectSTRUCTURAL DEFICITS
dc.subjectSTRUCTURAL REFORMS
dc.subjectSUSTAINABILITY ANALYSIS
dc.subjectTAX BREAKS
dc.subjectTAX COLLECTION
dc.subjectTAX EXEMPTIONS
dc.subjectTAX REVENUE
dc.subjectTAX REVENUES
dc.subjectTAX SYSTEM
dc.subjectTOTAL CURRENT EXPENDITURES
dc.subjectTOTAL EXPENDITURE
dc.subjectTOTAL PUBLIC EXPENDITURE
dc.subjectTOTAL SPENDING
dc.subjectTRANSPARENCY
dc.subjectTREASURY
dc.subjectWEAK BUDGET EXECUTION
dc.titleDemocratic Republic of São Tomé and Príncipe : Country Integrated Fiduciary Assessment, Volume 1. Executive Summaryen
dspace.entity.typePublication
okr.date.doiregistration2025-05-07T11:24:45.969332Z
okr.doctypeEconomic & Sector Work::Integrated Fiduciary Assessment
okr.doctypeEconomic & Sector Work
okr.docurlhttp://documents.worldbank.org/curated/en/2007/06/9823579/democratic-republic-sao-tome-principe-country-integrated-fiduciary-assessment-vol-1-4-executive-summary-country-integrated-fiduciary-assessment
okr.globalpracticeFinance and Markets
okr.globalpracticeGovernance
okr.guid503201468336554218
okr.guid388211468336553915
okr.guid118051468104963877
okr.guid433181468304469943
okr.identifier.externaldocumentum000333038_20080905040702
okr.identifier.internaldocumentum9823579
okr.identifier.report40130
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2008/09/05/000333038_20080905040702/Rendered/PDF/401300ESW0VOL110Box334049B01PUBLIC1.pdfen
okr.region.administrativeAfrica
okr.region.countrySao Tome and Principe
okr.sectorHealth
okr.sectorPublic Administration
okr.sectorLaw
okr.sectorPublic Administration, Law, and Justice
okr.sectorFinance
okr.sectorEducation
okr.themePublic expenditure
okr.themePublic expenditure, financial management and procurement
okr.themeOther accountability/anti-corruption
okr.themeDecentralization
okr.themeCorporate governance
okr.themeAdministrative and civil service reform
okr.topicBanks and Banking Reform
okr.topicPublic Sector Expenditure Analysis and Management
okr.topicFinance and Financial Sector Development::Debt Markets
okr.topicPublic Sector Economics and Finance
okr.topicPublic Sector Development
okr.unitAFT: PREM 3 (AFTP3)
okr.volume1 of 4
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