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

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.