Union of the Comoros: Second Review Under the Staff-Monitored Program

May 26, 2006

Preview Citation

Format: Chicago

Union of the Comoros: Second Review Under the Staff-Monitored Program, (USA: International Monetary Fund, 2006) accessed November 21, 2024

Summary

This paper on the Second Review Under the Staff-Monitored Program for the Union of the Comoros reports that the external current account is expected to worsen with the sharp deterioration of the trade deficit. General economic conditions have remained lackluster in 2005, hampered by the sharp deterioration in terms of trade, as vanilla prices have remained depressed and oil import costs have more than doubled. Monetary policy has remained prudent and inflation subdued.

Subject: Arrears, Banking, Credit, Current spending, Expenditure, External debt, External position, Foreign assets

Keywords: Arrears, Comorian authorities, CR, Current spending, Foreign assets, Global, Government, Government financial operations, ISCR, Island government, Net, Net credit, Reform program, U.S. dollar

Publication Details

Pages:

26
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/192
Stock No:

1COMEA2006003
ISBN:

9781451809152
ISSN:

1934-7685

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