Comoros: Assessment of Performance Under the Program Supported by Emergency Post-Conflict Assistance and Request for a Three-Year Arrangement Under the Poverty Reduction and Growth Facility: Staff Report; Supplement, Informational Annex; Staff Statement, Press Release on the Executive Board Discussion; and Statement by the Executive Director of Comoros

International Monetary Fund

No 2009/307, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper discusses an assessment of Comoros’s performance Under the Program Supported by the Emergency Post-Conflict Assistance (EPCA). Overall performance under the EPCA-supported program has been broadly satisfactory. Nearly all EPCA performance indicators for end-March 2009 were observed. Revenue collection was stronger than anticipated. On the spending side, recent measures to improve expenditure management are gradually restoring order in spending operations, although continued difficulties have been experienced in managing the wage bill. All but one of the structural indicators were met.

Keywords: ISCR; CR; overlooked debt obligation; reform agenda; end-September budget target; staff appraisal; Paris Club creditor; Debt service; Arrears; Monetary statistics; Financial statistics; Global (search for similar items in EconPapers)
Pages: 85
Date: 2009-11-02
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