World Bank2013-11-062013-11-062008-02https://hdl.handle.net/10986/16235During February 2-14, 2008 a World Bank team comprised of Per-Olof Jonsson and Frederico Gil Sander traveled to Sao Tome e Príncipe to undertake an assessment of the government's debt management capacity and institutions using the Debt Management Performance Assessment Tool (DeMPA). The DeMPA is a methodology for assessing government debt management (DeM) performance through a comprehensive set of indicators spanning the full range of DeM functions. The assessment reveals that despite notable progress since the inception of the debt office in 2004, overall Sao Tome Príncipe meets the minimum requirements set out by the DeMPA only in the fields of evaluation of debt management operations and coordination with monetary policy. The Government does not meet the minimum requirements in the other indicators. The gap between existing practices and the minimum requirements is narrow in some areas. Among the areas for improvement where greater effort is required to reach good practices, the mission identified the legal framework and the managerial structures as key priorities in a reform program.en-USCC BY 3.0 IGOACTIVE DEBTAMORTIZATIONSAPPROVAL OF LOANSARREARSAUCTIONSAUDITINGAUDITORSAUDITSBANK ACCOUNTBANK ACCOUNTSBANK BORROWINGBANK CREDITSBANK LOANSBANKING SECTORBENEFICIARIESBILATERAL DEBTBILATERAL DONORSBORROWING PLANBUDGET DEFICITBUDGET EXPENDITURESBUDGETARY FRAMEWORKCAPACITY BUILDINGCAPITAL EXPENDITURECASH BALANCECASH BALANCESCASH FLOWCASH MANAGEMENTCENTRAL BANKCENTRAL GOVERNMENT DEBTCERTIFICATES OF DEPOSITCOMMERCIAL BANKSCONTINGENT LIABILITIESCREDIT LINECREDITORCREDITORSCSCURRENCYCURRENCY COMPOSITIONDEBT DATADEBT DATA RECORDINGDEBT DATABASEDEBT DISBURSEMENTSDEBT INFORMATIONDEBT MANAGEMENTDEBT MANAGEMENT ACTIVITIESDEBT MANAGEMENT ACTIVITYDEBT MANAGEMENT CAPACITYDEBT MANAGEMENT OFFICEDEBT MANAGEMENT OPERATIONSDEBT MANAGEMENT STRATEGYDEBT MANAGEMENT SYSTEMDEBT OFFICEDEBT POLICIESDEBT RATIOSDEBT RECORDINGDEBT RELIEFDEBT REPORTINGDEBT SERVICEDEBT SERVICE PAYMENTSDEBT SERVICINGDEBT STOCKDEBT STOCKSDEBT STRATEGYDEBT SUSTAINABILITYDEBT SUSTAINABILITY ANALYSESDEBT SUSTAINABILITY ANALYSISDEBT TRANSACTIONSDERIVATIVEDERIVATIVE TRANSACTIONSDERIVATIVESDEVELOPMENT BANKDISASTER RECOVERYDISBURSEMENTDISBURSEMENTSDOMESTIC BORROWINGDOMESTIC BORROWINGSDOMESTIC CREDITDOMESTIC CURRENCYDOMESTIC DEBTDOMESTIC MARKETDOMESTIC MARKETSDOMESTIC SECURITIESEVOLUTION OF DEBTEXPENDITUREEXPENDITURESEXTERNAL BORROWINGEXTERNAL BORROWINGSEXTERNAL DEBTEXTERNAL FINANCINGEXTERNAL INDEBTEDNESSEXTERNAL LOANSFINANCIAL ACCOUNTSFINANCIAL INFRASTRUCTUREFINANCIAL MANAGEMENTFINANCIAL MARKETSFINANCING NEEDSFIRST LOANFISCAL POLICYFOREIGN CURRENCYFOREIGN EXCHANGEFOREIGN EXCHANGE TRANSACTIONSFOREIGN LOANFOREIGN MARKETSFUTURE CASH FLOWSGOVERNMENT BANKGOVERNMENT BORROWINGGOVERNMENT BORROWINGSGOVERNMENT DEBTGOVERNMENT GUARANTEEGOVERNMENT GUARANTEESGOVERNMENT SECURITIESGOVERNMENT SECURITIES MARKETHUMAN RESOURCEHUMAN RESOURCE MANAGEMENTINFLATIONINFORMATION SHARINGINFORMATION SYSTEMINSTRUMENTINTEREST PAYMENTSINTEREST RATEINTERNAL AUDITISSUANCEISSUANCE OF GUARANTEESJOB TRAININGLEGAL FRAMEWORKLEGAL PROVISIONSLEGISLATIONLENDERLIQUIDITYLOANLOAN AGREEMENTLOAN CONTRACTSLOAN DISBURSEMENTSLOAN GUARANTEESLOCAL CURRENCYMACROECONOMIC POLICIESMANDATESMARKET INTEREST RATEMATURITIESMATURITYMONETARY POLICYMUNICIPALITIESOPERATIONAL RISKOUTSTANDING DEBTOUTSTANDING LOANPAYMENT OF DEBTPAYMENT ORDERPAYMENT ORDERSPAYMENT SYSTEMPENSIONPENSION SYSTEMPRIVATIZATIONPUBLIC DEBTPUBLIC ENTERPRISESPUBLIC EXTERNAL DEBTPUBLIC FINANCEPUBLIC SECTOR DEBTPUBLIC SERVICESRECEIPTRECONCILIATION WITH CREDITORREGISTRY SYSTEMREPAYMENTRESOURCE MANAGEMENTRETURNREVENUE SOURCESRISK MANAGEMENTSECURITIES MARKETSOURCE OF FUNDSSTOCKSSUBSTANTIAL DEBTSUBSTANTIAL DEBT RELIEFT-BILLST-BONDSTECHNICAL ASSISTANCETERM CREDITSTOTAL DEBTTRAINING COURSESTREASURYTREASURY BILLTREASURY BILLSUSE OF DERIVATIVESWorld Bank10.1596/16235