AGP Executive Report
Last update: 7 hours agoGovernment and Investment Climate: São Tomé and Príncipe’s September election left the opposition MLSTP/PSD with 24 seats and the ruling ADI with 23. MLSTP/PSD leader Américo Barros says he will seek a minority government, leaving the country’s economic direction to be shaped by post-election negotiations. Growth After LDC Graduation: An IMF review says São Tomé and Príncipe was among eight countries to graduate from least-developed status since 1994. Across the group, average growth was broadly unchanged at about 2.9% in the five years before and after graduation, underscoring the need to sustain growth drivers. Business Travel: São Tomé and Príncipe is among 50 countries whose citizens may face US visa bonds of up to $20,000 for visitor visas, adding a potential cost for business travellers. Conservation Economy: A report highlights efforts to link conservation with local livelihoods, including small enterprises that offer alternatives to illegal timber harvesting, charcoal production and wildlife poaching.
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