AGP Executive Report
Last update: 10 hours agoElection and Government: São Tomé and Príncipe’s opposition MLSTP/PSD narrowly won the 27 September election with 24 seats, ahead of ADI’s 23. Leader Américo Barros says he will seek a minority government tolerated by ADI, as turnout fell to a record-low 41.3%. US Travel Costs: São Tomé and Príncipe is among 50 countries on the updated US visa-bond list. Eligible B1/B2 applicants may be asked to post a refundable bond of $10,000, $15,000 or $20,000, with the amount set at interview. Growth Outlook: An IMF review says the eight countries that have graduated from least-developed status since 1994, including São Tomé and Príncipe in 2024, averaged about 2.9% real GDP growth before and after graduation. It cautions that graduation alone does not determine future growth. Conservation and Livelihoods: A new model links conservation with sustainable economic activity, including small businesses processing local forest snails, while seeking alternatives to illegal logging, charcoal production and wildlife poaching.
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