SAO TOME AND PRINCIPE: COVID-19 WORSENS ECONOMIC DECLINE BUT STABILITY HOLDS

SAO TOME AND PRINCIPE: COVID-19 WORSENS ECONOMIC DECLINE BUT STABILITY HOLDS

   Fri, 21 August 2020

The arrival of the COVID-19 pandemic has come at a time when the archipelago of São Tomé and Príncipe was already battling years of economic decline and ballooning debt, placing significant pressure on the small majority coalition led by Prime Minister Jorge Bom Jesus this year. However, despite economic instability, political and social stability is expected to hold.



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