This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between the Union of the Comoros and the IMF. Additional information can be found on the Union of the Comoros and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with the Union of the Comoros.
At a Glance
Union of the Comoros joined the Fund on September 21, 1976
Total Quotas: SDR 17.8 million
Article IV/Country Report: June 18, 2020
Office Activities
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Regional Economic Outlook and ECF Presentation
Photo and description of the presentation held on May 29, 2024.
May 29, 2024
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Development Partners Meeting, May 27, 2024.
Photo and description of the development partners meeting held on May 27, 2024.
May 27, 2024
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AVIS DE RECRUTEMENT D’UNE ASSISTANCE ADMINISTRATIVE TEMPORAIRE
Job posting for an Administrative Assistant - PDF in French
December 7, 2023
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Resident Representative Staff Presenting to Local Authorities (français)
Follow the various events from November 13-16, 2023: • Presentation of the Regional Economic Outlook and the study on the state hydrocarbon company to the Anjouan Regional Chamber of Commerce. November 14, 2023. • IMF office meets with local authorities on the island of Anjouan. November 13-14, 2023. • Meeting of the IMF office with the local authorities of Mohéli and civil society. November 16, 2023.
November 13, 2023
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Resident Representative office meets the Press after the Staff Level Agreement of the first ECF review/Article IV mission. (français)
Photo from the event.
November 6, 2023
IMF's Work on Comoros
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November 15, 2024
An International Monetary Fund (IMF) team, led by Ms. Suchanan Tambunlertchai, held meetings in Moroni from October 2 – 15 and in Washington D.C. from October 21 – 25, to discuss progress on economic and financial policies and reforms in the context of the third review of the 4-year Extended Credit Facility (ECF)-supported program.
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July 11, 2024
Series:Country Report No. 2024/212
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June 21, 2024
The IMF Executive Board completed the second review under the Extended Credit Facility Arrangement with the Union of the Comoros. Approval of the second review enables the immediate disbursement of SDR 3.56 million (about US$ 4.68 million).
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May 24, 2024
An International Monetary Fund (IMF) team, led by Ms. Suchanan Tambunlertchai, held meetings in Moroni from April 24 – May 7, to discuss progress on economic and financial policies and reforms in the context of the second review of the 4-year Extended Credit Facility (ECF)-supported program. The staff-level agreement is subject to approval by the IMF’s Management and Executive Board
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Union of the Comoros: Selected Issues
January 8, 2024
Series:Country Report No. 2024/005
Regional Economic Outlook for Sub-Saharan Africa
October 25, 2024
Reforms amid Great ExpectationsSub-Saharan African countries are implementing difficult and much needed reforms to restore macroeconomic stability, and while overall imbalances have started to narrow, the picture is varied. Policymakers face three main hurdles. First, regional growth, at a projected 3.6 percent in 2024, is generally subdued and uneven, although it is expected to recover modestly next year to 4.2 percent. Second, financing conditions continue to be tight. Third, the complex interplay of poverty, scarce opportunities, and weak governance--compounded by a higher cost of living and short-term hardships linked to macroeconomic adjustment--are fueling social frustration. Within this environment, policymakers face a difficult balancing act in striving for macroeconomic stability while also working to address development needs and ensure that reforms are socially and politically acceptable. Protecting the most vulnerable from the costs of adjustment and realizing reforms that create sufficient jobs will be critical to mobilize public support.
Read the Report
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.