Africa Financial Sector Responses to COVID-19 - Sao Tome et Principe

Jan 01, 2010

As an active actor committed to the AFS development and resilience, Making Finance Work for Africa (MFW4A) has implemented a number of recent initiatives to strengthen the resilience of the African financial sector.

In addition to its webinars series and discussions aimed at identifying the sector's difficulties and solutions, a portal dedicated to national and domestic responses to the impact of COVID-19 on the regional financial sector has been set up. Indeed, the exercise consists in collecting and classifying by country or region the measures taken by governments, central banks and DFIS in favor of the resilience of the AFS vis-à-vis the financial impact of the pandemic. 

This page presents measures and initiatives by the government of Sao Tome and Principe, national central bank and Development Finance Institutions (DFIs) in favor of the resilience of the domestic financial sector facing the effects of the COVID-19 pandemic.

Thematic

Institution

Initiative title

Financing volume

Publication date

Description

Instrument

Financial inclusion/ Financial stability and governance

FMI

 

USD 12 millions

21/04/2020

Ces fonds vont aider à répondre aux besoins urgents de financement extérieur et budgétaire de Sao Tomé-et-Principe, causés par la pandémie de Covid-19.

Rapid credit facility

https://www.imf.org/en/News/Articles/2020/04/21/imf-executive-board-approves-us-12m-disbursement-to-address-the-covid19-pandemic