Comoros: Staff Report for the 2002 Article IV Consultation and Review of Performance Under a Staff-Monitored Program

March 24, 2004

Preview Citation

Format: Chicago

Comoros: Staff Report for the 2002 Article IV Consultation and Review of Performance Under a Staff-Monitored Program, (USA: International Monetary Fund, 2004) accessed November 21, 2024

Summary

Political instability and weak macroeconomic management have generated negative real per capita gross domestic product growth rates, contributing to widespread poverty and a worsening of social indicators. The challenge is to attain a higher rate of growth on a sustained basis and raise the living standards of the Comorian population. Measures to improve revenue mobilization and reduce nonpriority expenditures are required. Executive Directors commend the steps taken by the authorities to improve the prudential regulations and internal controls of the central bank of Comoros.

Subject: Arrears, Banking, Civil service, Debt service, Expenditure, External debt, Labor

Keywords: Africa, Arrears, Authorities' effort, Civil service, Comorian authorities, Consumer price inflation, CR, Debt service, East Africa, Government, ISCR, Island government, Islands government, Organisation Internationale de la Francophonie, Southern Africa, Sub-Saharan Africa

Publication Details

Pages:

61
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2004/077
Stock No:

1COMEA0012004
ISBN:

9781451809046
ISSN:

1934-7685

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