AGP Executive Report
Last update: 8 hours agoElection Outlook: The MLSTP/PSD narrowly won São Tomé and Príncipe’s 27 September election with 24 seats, against 23 for the ruling ADI. Leader Américo Barros says he will seek a minority government; turnout fell to 41.3%. LDC Graduation: An IMF review finds growth across eight countries that graduated from least-developed status averaged about 2.9% in the five years before and after graduation. São Tomé and Príncipe, which graduated in 2024, is among them; the IMF cautions that graduation alone does not determine future growth. Sustainable Economy: A report on the country’s UNESCO Biosphere Reserve describes efforts to link conservation with livelihoods, including small businesses processing local forest snails as alternatives to activities such as illegal timber harvesting and poaching. Travel Costs: São Tomé and Príncipe is among 50 countries on the updated US visa-bond list. Eligible business and tourist visa applicants may be asked to post a bond of $10,000, $15,000 or $20,000.
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