 Agustinho_Neto_Mansion Who live in this Mansion? |  pestana-sao-tome This is like paradise.u see | style-js.php |
 Caue My City is beautifull place |  Lemba this's me and my boat |  mercado-grande the way of life in S.tome |
 Agua-Grande my city downtow, still good |
 sunset we sit and see sunset, nice |  younggirls2 it was a very funny night |  youngs3 Good times in Sao tome |
Politic in Sao Tome and Principe
Economy
The Democratic Republic of Sao Tome and Principe (STP) is Africa's smallest economy. Its gross domestic product (GDP) for 2009 is estimated at around 190 million US dollars (USD), with a GDP per capita of USD 1 160. GDP growth slowed to an estimated 4.1% in 2009, from 5.8% in 2008.For 2010 and 2011 GDP growth is forecast to increase by 4.6% and 5.1%. Construction and commerce drove economic activity in 2009, compensating for the drop in foreign direct investment (FDI) and tourism caused by the international crisis. Inflation is largely determined by imported food and oil prices, coupled with the strong inflow of foreign currency related to aid and oil-exploration activities. The inflation rate declined to around 17.3% in 2009, down from 26.1% in 2008, and the aim is to reduce it further in the mid term.
In May 2009, Prime Minister Rafael Branco launched a "New Strategic Plan for National Development". It foresees an evolution towards a service-based economy depending on two pillars of growth: the promotion of high-end ecotourism; and the servicing of the transport sector and oil exploration and extraction activities in the Gulf of Guinea. This vision includes the future establishment of a free-trade zone, port transhipment activities, promotion of fisheries and the building of a new deepwater port facility in Fernjo Dias in the district of Lobata.
According to the government's Poverty Profile Survey from 2001, approximately 54% of the 150 000 Sé”o Tomeans are poor and 15% live in
extreme poverty. Social indicators are weak and improving only slowly, especially in rural areas. Incomes are low and the country ranks
131st out of 177 countries on the United Nations Human Development Index.
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Politic in São Tomé and Príncipe
The year 2009 was marked by a relative political stability and the coalition government of Prime Minister
Joaquim Rafael Branco will probably remain in office until the next elections. The political regime is semi-presidential with a parliament,
similar to Cape Verde and Portugal. Social tensions are slowly increasing as a result of deteriorating social conditions and the rising cost of living. In February 2009 an alleged coup attempt was foiled. The 38 people indicted were all acquitted, though their leader, the president of the Christian Democratic Front, was and convicted of illegal possession of weapons and "acts amounting to rebellion". In his traditional end-of-year amnesty, President Fradique de Menezes pardoned and cancelled the jail sentence of 62 people, including the leader of the alleged coup. |
Your commentsPoliticien in Country are the same like all african clan politicien. Who believe in law of jungle. where every man for himself. They call themselves politiciens. For me your animals and clans need to me send back to jungle. To learn to respect human being. Our African politiciens and Sao tome are Gangesters and not politiciens |
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