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

International Monetary Fund

No 2004/077, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: ISCR; CR; government; Comorian authorities; island government; consumer price inflation; organisation Internationale de la Francophonie; authorities' effort; islands government; Arrears; Debt service; Civil service; Africa; Southern Africa; Sub-Saharan Africa; East Africa (search for similar items in EconPapers)
Pages: 61
Date: 2004-03-24
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