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On November 9, 2007 the MCC and São Tomé and Príncipe signed a three-year, $8.7 million threshold program designed to target the policy areas measured by MCC’s Fiscal Policy and Business Start-up eligibility indicators. Specifically, the program will help the government of São Tomé and Príncipe to improve its performance on the Fiscal Policy indicator by increasing revenue as a result of improved tax and customs administration and enforcement. It also seeks to improve performance on the Days to Start a Business and Cost of Starting a Business indicators by streamlining business registration procedures. The program is due to conclude in April 2011. São Tomé and Príncipe was originally selected for the threshold program in FY2005. Learn more about the MCC's threshold program.
For comparison, review São Tomé and Príncipe's Poverty Reduction Strategy Paper (PRSP) and a PRSP Progress Report.
Country Eligibility
In the FY2011 selection process, São Tomé and Príncipe scored above the median on all six Ruling Justly indicators, three of five Investing in People indicators, and one of six Economic Freedom indicators. São Tomé and Príncipe is a low income country (LIC).
Review São Tomé and Príncipe's performance on the FY2011 selection indicators
Review São Tomé and Príncipe's performance on the FY2010 selection indicators
Review São Tomé and Príncipe's performance on the FY2009 selection indicators
Review São Tomé and Príncipe's performance on the FY2008 selection indicators
Review São Tomé and Príncipe's performance on the FY2007 selection indicators
Review São Tomé and Príncipe's performance on the FY2006 selection indicators
Review São Tomé and Príncipe's performance on the FY2005 selection indicators
Review São Tomé and Príncipe's performance on the FY2004 selection indicators
Learn more about the MCC's country selection process
Country Facts
Data are for 2009 (or most recent available)
| Per capita income (GNI, current USD) |
$1,140 |
| Poverty rate ($2 a day) |
56.6% |
| GDP growth (annual) |
4.0% |
| Population, total |
162,755 |
| Rural population (% of total) |
39% |
| Life expectancy |
66 yrs |
| Literacy rate |
88% |
São Tomé and Príncipe Country Brief from the World Bank
Other U.S. Policies
Review the USAID West Africa Mission page
Review USAID's strategy in West Africa
Other Donors
The top three donors to São Tomé and Príncipe in 2009 were:
|
Donor
|
Gross ODA,
2008-2009 average (USD millions) |
| Portugal |
14 |
| France |
8 |
| World Bank IDA |
5 |
*ODA is official development assistance
Other Resources
MCC São Tomé and Príncipe webpage
U.S. Department of State country profile providing background on São Tomé and Príncipe's history and U.S.-São Tomé and Príncipe relations