Union of Comoros : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Union of Comoros

Information about Sub-Saharan Africa África subsahariana

Explore other countries and regions »

Union of Comoros : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Union of Comoros
Get Code Buy
Journal Issue
Share
Volume/Issue:
2016/393
Series:
IMF Staff Country Reports
Author(s):
International Monetary Fund. African Dept.
Publisher:
INTERNATIONAL MONETARY FUND
Published Date:
December 2016
DOI:
http://dx.doi.org/10.5089/9781475562767.002
ISBN:
9781475562767
ISSN:
1934-7685
Page:
88
This 2016 Article IV Consultation highlights difficulties the economy of Comoros encountered in 2015 and the first half of 2016. An ongoing crisis in the electricity sector and slower-than-expected implementation of the public investment program were the main factors behind the slower growth. Inflation remained well anchored at an annual rate of about 2 percent. Fiscal policy was challenging for most of 2015 as the impact of slower economic growth was compounded by lower revenues. Growth is projected to pick up somewhat to 2 percent in 2016, and revenues are projected to increase to 12 percent of GDP.
Article

IMF Executive Board Concludes Article IV Consultation with the Union of the Comoros

Author(s):
International Monetary Fund. African Dept.
Published Date:
December 2016
    Share
    • ShareShare
    Information about Sub-Saharan Africa África subsahariana

    Explore other countries and regions »

    Other Resources Citing This Publication

    look up citations for this publication in google scholar