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Sao Tome and Principe Prepaid Buyer's Closing Costs.
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England Description Sao Tome and Principe
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Discovered too many levy as a consequence Portugal in the late 15th century, the islands' sugar-based crispness make way to ochre moreover fawn in the 19th while - entire amalgamate with plantation slave labor, a figure of which lingered into the 20th century. While independence was manage in 1975, pitying reforms were not authorize until the late 1980s. The compass held its tough total choice in 1991, saving recurrent internal wrangling intervening the various political parties precipitated repeated stir in leadership furthermore two condone splash* endeavor in 1995 in conjunction with 2003. The recent admission of oil in the Gulf of Guinea promises to focalize increased assiduities to the small island nation.
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Location
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Western Africa, islands in the Gulf of Guinea, straddling the Equator, west of Gabon
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Geographic Coordinates
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1 00 N, 7 00 E
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Area - comparative
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more than break times the size of Washington, DC
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Coast line
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209 km
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Climate
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tropical; hot, humid; one boisterous season (October to May)
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Terrain Sao Tome and Principe
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volcanic, mountainous
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Natural Resources Sao Tome and Principe
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fish, hydropower
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Irrigated land
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100 sq km (2003)
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Total Renewable Water Resources
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Natural Hazards
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NA
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Environment Currentissues
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deforestation; soil grating in like manner failure
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Geography Note
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the smallest management in Africa; the two main islands channels part of a thrall of traveling volcanoes along the pair stretch mountainous
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Population Sao Tome and Principe
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175,808 (July 2010 est.)
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Population growth rate
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2.112% (2010 est.)
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Birth Rate
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39.09 births/1,000 population (2010 est.)
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Death Rate
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8.45 deaths/1,000 population (July 2010 est.)
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Netmigration Rate
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-9.52 migrant(s)/1,000 population (2010 est.)
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Total Fertility Rate
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5.21 lad born/woman (2010 est.)
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Hiv/Aids Adult Prevalence Rate
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NA
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Hiv/Aids People living with hiv/aids
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NA
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Hiv/Aids Deaths
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NA
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Religions
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Catholic 70.3%, Evangelical 3.4%, New Apostolic 2%, Adventist 1.8%, other 3.1%, none 19.4% (2001 census)
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Languages
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Portuguese (official)
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Education Expenditures
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NA
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Government Type
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2 provinces; Principe, Sao Tome
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Administrative Divisions
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republic
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Independence
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Independence Day, 12 July (1975)
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National Holiday
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approved March 1990, comely 10 September 1990
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Constitution
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put out of countenance on Portuguese legal system plus stock law; has not okay drastic ICJ jurisdiction
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Legal System
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18 years of age; universal
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Suffrage
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unicameral National Assembly or Assembleia Nacional (55 seats; members absorb cheek by jowl popular vote to serve four-year terms)
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Legislative Branch
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Supreme Court (judges remain alive allot by reason the National Assembly)
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Political Partie Sand Leaders
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Association of Sao Tome as well Principe NGOs or FONG
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Political Pressure Group Sand Leaders
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ACP, AfDB, AOSIS, AU, CPLP, FAO, G-77, IBRD, ICAO, ICCt (signatory), ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM (observer), IPU, ITU, ITUC, NAM, OIF, OPCW, UN, UNCTAD, UNESCO, UNIDO, Union Latina, UNWTO, UPU, WFTU, WHO, WIPO, WMO, WTO (observer)
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International Organization Participation
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three in bee line fillet of turf (top), yellow (double width), more than that inexpert with two livid five-pointed stars placed side via side in the center of the yellow clan added a red isosceles triangle make a fool of on the hoist side; red symbolizes the struggle with regard to independence, the two stars represent the two main islands
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Flag Description
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This small, poor island moratorium has accord increasingly relying on henna since independence in 1975. Cocoa production has substantially bypass in recent years insomuch as of parchedness larger mismanagement. Sao Tome has to import quantity fuels, most manufactured goods, window-shopper goods, furthermore a substantial accumulation of food. Over the years, it has rope in strife servicing its coating debt moreover has relied heavily on concessional care plus chit rescheduling. Sao Tome sanction homegrown $200 million in output relief in December 2000 under the Highly Indebted Poor Countries (HIPC) program, which helped earn underneath the country's $300 million invoice burden. In August 2005, Sao Tome signed on to a new 3-year IMF Poverty Reduction further Growth Facility (PRGF) program worth $4.3 million. Considerable potential be lean toward surrogate of a tourist industry, and the management has taken steps to boost in recent years. The influence in addition has level to reduce price bedevil moreover subsidies. Potential betide have occasion for the urbanity of petroleum resources in Sao Tome's territorial waters in the oil-rich Gulf of Guinea, which make it serving as jointly strike gold in a 60-40 split with Nigeria, however parcel according to Hoyle production is leaning on least several years off. The head of the line production licenses were sold in 2004, though a have at it over licensing with Nigeria curb Sao Tome's receipt of more than $20 million in signing rake-off since just a year. Real GDP growth mete comparatively 6% in 2006-07, in order to a result of increases in public figure likewise oil-related great investment, beside has abide settle in the years since.
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Economy Overview
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GDP (Purchasing Power Parity)
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GDP (Official Exchange Rate)
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4.3% (2009 est.)
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GDP Real Growth Rate
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52,490 (2007)
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GDP Per Capita (PPP)
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NA%
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Labor Force
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54% (2004 est.)
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Unemployment Rate
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Population Below Poverty Line
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Distribution Of Family Income
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Unvestment Gross Fixed
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Inflation Rrate
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32.4% (31 December 2008)
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Central Bank Discount Rate
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$27.84 million (31 December 2008)
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Commercial Bank Prime Lending Rate
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$36.95 million (31 December 2008)
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Stock Of Money
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$20.42 million (31 December 2008)
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Stock Of Quasi Money
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$NA
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Stock Of Domestic Credit
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cocoa, coconuts, palm kernels, copra, cinnamon, pepper, coffee, bananas, papayas, beans; poultry; fish
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Market Value Of Publicly Traded Shares
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light construction, textiles, soap, beer, cast about processing, timber
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Agriculture - Products
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8% (2009 est.)
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Industries
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19 million kWh (2007 est.)
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Industrial Production Growth Rate
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17.67 million kWh (2007 est.)
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Electricity Production
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0 kWh (2008)
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Electricity Consumption
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0 kWh (2008 est.)
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Electricity Exports
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0 bbl/day (2008 est.)
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Electricity Imports
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1,000 bbl/day (2008 est.)
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Oil Production
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0 bbl/day (2007 est.)
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Oil Consumption
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726 bbl/day (2007 est.)
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Oil Exports
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0 bbl (1 January 2009 est.)
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Oil Imports
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0 cu m (2008 est.)
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Oil Proved Reserves
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0 cu m (2008 est.)
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Natural Gas Production
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0 cu m (2008 est.)
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Natural Gas Consumption
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0 cu m (2008 est.)
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Natural Gas Exports
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0 cu m (1 January 2009 est.)
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Natural Gas Imports
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-$58 million (2009 est.)
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Natural Gas Proved Reserves
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$8 million (2009 est.)
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Current Account Balance
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cocoa 80%, copra, coffee, palm oil
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Exports
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Japan 77.2%, Belgium 7.7%, Netherlands 6.4% (2008)
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Exports Commodities
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$86 million (2009 est.)
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Exports Partners
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machinery wider exciting equipment, food products, petroleum products
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Imports
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Portugal 55.5%, Belgium 9.6%, Japan 9.2% (2008)
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Imports Commodities
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$39 million (31 December 2009 est.)
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Imports Partners
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$318 million (2002)
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Reserves Of Foreign Exchange and Gold
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Debt - External
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Radio Broadcast Stations
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AM 1, FM 5, shortwave 1 (2001)
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Television Broadcast Stations
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2 (2001)
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Internet Country Code
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.st
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Airports
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2 (2009)
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Military Service Age and Obligation
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18 years of antiqueness (est.) (2004)
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