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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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
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Director of the African Department of the IMF, Mr. Selassie, discusses with President Azali the African Union Presidency and G20 membership (français)
A few photos of the event in this PDF.
November 3, 2023
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Mr. Selassie, Director of the African Department of the IMF meets with staff from the Comoros Resident Representative office. (français)
A few photos from the event.
November 3, 2023
IMF's Work on Comoros
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Union of the Comoros: Selected Issues
January 8, 2024
Series:Country Report No. 2024/005
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January 8, 2024
Series:Country Report No. 2024/004
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December 15, 2023
The IMF Executive Board today completed the first review under the Extended Credit Facility Arrangement and the 2023 Article IV Consultation with the Union of the Comoros. Approval of the first review enables the immediate disbursement of SDR 3.56 million (about US$4.77 million).
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November 1, 2023
The Comorian authorities and IMF staff have reached a staff-level agreement on economic policies and reforms for completion of the first review under the 4-year ECF-supported program. The review once formally completed by the IMF Executive Board would release about US$4.7 million in financing.
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Joint Statement on Solidarity with Morocco
September 10, 2023
Joint Statement on Solidarity with Morocco
Regional Economic Outlook for Sub-Saharan Africa
April 19, 2024
After four turbulent years, the outlook for sub-Saharan Africa is gradually improving. Growth will rise from 3.4 percent in 2023 to 3.8 percent in 2024, with nearly two thirds of countries anticipating higher growth. Economic recovery is expected to continue beyond this year, with growth projections reaching 4.0 percent in 2025. Additionally, inflation has almost halved, public debt ratios have broadly stabilized, and several countries have recently issued Eurobonds, ending a two-year hiatus from international markets. However, not all is favorable and risks to the outlook remain tilted to the downside. The funding squeeze persists as the region’s governments continue to grapple with financing shortages, high borrowing costs, and impending debt repayments. Amid the challenges, sub-Saharan African countries will need additional support from the international community to develop a more inclusive, sustainable, and prosperous future.
Read the Report
Departmental Papers on Africa
