Project News Details
Title:
Sao Tomé and Principe - Fiscal Sustainability and Economic Resilience Programme – Supplemental Financing (FSERP-SF)
Detail:
The Fiscal Sustainability and Economic Resilience Programme – Supplemental Financing (FSERP-SF) provides additional budget support to the Government of São Tomé and Príncipe to help close the 2025 fiscal gap and sustain the reform momentum initiated under the original FSERP Phases I and II. The supplemental financing amounts to USD 7.5 million, equivalent to UA 5.53 million, and is provided as a grant from the Nigeria Trust Fund (NTF). With this contribution, the total financing across the two-year FSERP series reaches UA 15.53 million, of which UA 4 million and UA 6 million were previously approved for Phases I and II. The Ministry of Economy and Finance is responsible for implementation, and the programme is delivered jointly with other development partners under a coordinated budget support framework.
Source:
African Development Bank Group
Published Date:
02.12.2025
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