STP is optimistic for 2006 - mentions JDZ OIL
GOOD PERSPECTIVES OPEN FOR THE ECONOMY OF S.T.P IN 2006
30.12.2005-J.Vitrina-(S. Tomé) THE year económico of 2005 was satisfactory for S. Tomé and Prince. This despite of the inflation accumulated to have reached 17,2 percent. The swing económico was presented this Thursday by the governor of the central bank in a lecture that elapsed in the hotel Miramar, in the presence of the users económicos national. According to the document presented the activity económica was less dynamic than 2004. The growth of the rough internal product also did not exceed to last year due to dry prolonged that the country knew.
Facts that allied the diminution of the public investments and the situation económica international unfavorable translated by the increase of the price of the oil, of the increased successive one of the rate of interest of the FED, of the valorization of the American dollar, of the diminution of the price of the cocoa and of the natural catastrophes influenced negatively the performance macroeconómico national.
In the however having in count those constraints the year was considered of satisfactory since the performance económico with a rough internal product in the order of the 3,8 percent caused to approval of the country in the last test of evaluation with the International Monetary Bottom, FMI and the World Bank. This despite of the inflation to have reached 17,2 percent.
In relation the perspectives for the near year económico Eugénio you Will Sound is enough optimist. The governor of the Central Bank detached the possibility of the pardon of the foreign debt of the predicted country for the first semester, the result of the first drilling of the block an it be deed in near Janeiro and finally the access of the country the initiative Millenium Challange Acount as catalizadores of that optimism!
