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IMF Executive Board Approves US$12.3 Million Rapid Financial Assistance to the Union of Comoros in the Wake of Cyclone Kenneth

IMF Executive Board Approves US$12.3 Million Rapid Financial Assistance to the Union of Comoros in the Wake of Cyclone Kenneth »

Source: Union of Comoros : Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Volume/Issue: 2019/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2019

ISBN: 9781513510972

Keywords: External sector, Development, Public financial management, Credit, Economic policy, SOEs, RCF, Proj, cyclone, primary balance

This paper discusses Union of Comoros' Request for Disbursement Under the Rapid Credit Facility (RCF) and Purchase Under the Rapid Financing Instrument (RFI). Reflecting the large budgetary and external financing g...

Union of Comoros
			: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Union of Comoros : Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros »

Volume/Issue: 2019/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2019

DOI: http://dx.doi.org/10.5089/9781513510972.002

ISBN: 9781513510972

Keywords: External sector, Development, Public financial management, Credit, Economic policy, SOEs, RCF, Proj, cyclone, primary balance

This paper discusses Union of Comoros' Request for Disbursement Under the Rapid Credit Facility (RCF) and Purchase Under the Rapid Financing Instrument (RFI). Reflecting the large budgetary and external financing g...

Statement by Mr. Raghani, Executive Director for Comoros, and Mr. Sidi Bouna, Senior Advisor to the Executive Director July 24, 2019

Statement by Mr. Raghani, Executive Director for Comoros, and Mr. Sidi Bouna, Senior Advisor to the Executive Director July 24, 2019 »

Source: Union of Comoros : Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Volume/Issue: 2019/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2019

ISBN: 9781513510972

Keywords: External sector, Development, Public financial management, Credit, Economic policy, SOEs, RCF, Proj, cyclone, primary balance

This paper discusses Union of Comoros' Request for Disbursement Under the Rapid Credit Facility (RCF) and Purchase Under the Rapid Financing Instrument (RFI). Reflecting the large budgetary and external financing g...

Union of Comoros: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument—Debt Sustainability Analysis

Union of Comoros: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument—Debt Sustainability Analysis »

Source: Union of Comoros : Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Volume/Issue: 2019/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2019

ISBN: 9781513510972

Keywords: External sector, Development, Public financial management, Credit, Economic policy, SOEs, RCF, Proj, cyclone, primary balance

This paper discusses Union of Comoros' Request for Disbursement Under the Rapid Credit Facility (RCF) and Purchase Under the Rapid Financing Instrument (RFI). Reflecting the large budgetary and external financing g...

Union of Comoros: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument—Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Union of Comoros: Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument—Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros »

Source: Union of Comoros : Request for Disbursement Under the Rapid Credit Facility and Purchase Under the Rapid Financing Instrument-Press Release; Staff Report; and Statement by the Executive Director for the Union of Comoros

Volume/Issue: 2019/272

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 August 2019

ISBN: 9781513510972

Keywords: External sector, Development, Public financial management, Credit, Economic policy, SOEs, RCF, Proj, cyclone, primary balance

This paper discusses Union of Comoros' Request for Disbursement Under the Rapid Credit Facility (RCF) and Purchase Under the Rapid Financing Instrument (RFI). Reflecting the large budgetary and external financing g...

A Governance Dividend for Sub-Saharan Africa?1

A Governance Dividend for Sub-Saharan Africa?1 »

Source: A Governance Dividend for Sub-Saharan Africa?

Volume/Issue: 2019/1

Series: IMF Working Papers

Author(s): Amine Hammadi , Marshall Mills , Nelson Sobrinho , Vimal Thakoor , and Ricardo Velloso

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

ISBN: 9781484354872

Keywords: Zambia, Zimbabwe, Congo, Democratic Republic of the, Congo, Republic of, Rwanda, Senegal, Seychelles, Sierra Leone, South Africa, Sub-Saharan Africa

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, includin...

A Governance Dividend for Sub-Saharan Africa?

A Governance Dividend for Sub-Saharan Africa? »

Volume/Issue: 2019/1

Series: IMF Working Papers

Author(s): Amine Hammadi , Marshall Mills , Nelson Sobrinho , Vimal Thakoor , and Ricardo Velloso

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 January 2019

DOI: http://dx.doi.org/10.5089/9781484354872.001

ISBN: 9781484354872

Keywords: Zambia, Zimbabwe, Congo, Democratic Republic of the, Congo, Republic of, Rwanda, Senegal, Seychelles, Sierra Leone, South Africa, Sub-Saharan Africa

Countries in Sub-Saharan Africa (SSA) tend to lag those in most other regions in terms of governance and perceptions of corruption. Weak governance undermines economic performance through various channels, includin...

Regional Spillovers in Sub-Saharan Africa
			: Exploring Different Channels

Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels »

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

DOI: http://dx.doi.org/10.5089/9781484367148.062

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Regional Spillovers in Sub-Saharan Africa

Regional Spillovers in Sub-Saharan Africa »

Source: Regional Spillovers in Sub-Saharan Africa : Exploring Different Channels

Volume/Issue: 2018/1

Series: Spillover Notes

Author(s): Francisco Arizala , Matthieu Bellon , Margaux MacDonald , Montfort Mlachila , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 August 2018

ISBN: 9781484367148

Keywords: Uganda, Togo, Tanzania, Swaziland, South Sudan, Spillovers, Sub-Saharan Africa, Sierra Leone, Congo, Republic of, Congo, Democratic Republic of the

After close to two decades of strong economic activity, overall growth in sub-Saharan Africa decelerated markedly in 2015-16 as the largest economies experienced negative or flat growth. Regional growth started rec...

Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

DOI: http://dx.doi.org/10.5089/9781484358269.087

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

DOI: http://dx.doi.org/10.5089/9781484360019.087

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

Lessons for Effective  Fiscal Decentralization in  Sub-Saharan Africa

Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa »

Source: Lessons for Effective Fiscal Decentralization in Sub-Saharan Africa

Volume/Issue: 2018/10

Series: Departmental Papers / Policy Papers

Author(s): Niko Hobdari , Vina Nguyen , Salvatore Dell'Erba , and Edgardo Ruggiero

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484358269

Keywords: Kenya, Ghana, Guinea, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius

Fiscal decentralization is becoming a pressing issue in a number of countries in sub-Saharan Africa, reflecting demands for a greater local voice in spending decisions and efforts to strengthen social cohesion. Aga...

Public Investment Efficiency in Sub-Saharan African Countries

Public Investment Efficiency in Sub-Saharan African Countries »

Source: Public Investment Efficiency in Sub-Saharan African Countries

Volume/Issue: 2018/9

Series: Departmental Papers / Policy Papers

Author(s): Karim Barhoumi , Ha Vu , Shirin Nikaein Towfighian , and Rodolfo Maino

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 06 July 2018

ISBN: 9781484360019

Keywords: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros, Djibouti

There is significant room to improve public investment efficiency in sub-Saharan Africa. Investment in sub-Saharan African countries is lagging vis-à-vis peers such as emerging and developing Asia as well as Latin...

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

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

Source: Union of the Comoros : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Volume/Issue: 2018/189

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363768

Keywords: Article IV consultation reports, Fiscal reforms, Economic growth, Employment, Fiscal policy, Debt sustainability, Monetary policy, Surveillance, Economic indicators, Debt sustainability analysis

This 2018 Article IV Consultation highlights that the Comorian economy's performance improved in 2017. Growth is estimated at 2.7 percent for 2017, half a percentage point higher than in the previous year. A combin...

Union of the Comoros
			: 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Union of the Comoros : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros »

Volume/Issue: 2018/189

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

DOI: http://dx.doi.org/10.5089/9781484363768.002

ISBN: 9781484363768

Keywords: Article IV consultation reports, Fiscal reforms, Economic growth, Employment, Fiscal policy, Debt sustainability, Monetary policy, Surveillance, Economic indicators, Debt sustainability analysis

This 2018 Article IV Consultation highlights that the Comorian economy's performance improved in 2017. Growth is estimated at 2.7 percent for 2017, half a percentage point higher than in the previous year. A combin...

Union of the Comoros
			: Selected Issues

Union of the Comoros : Selected Issues »

Volume/Issue: 2018/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

DOI: http://dx.doi.org/10.5089/9781484363775.002

ISBN: 9781484363775

Keywords: Fiscal policy, Revenue mobilization, Tax revenues, Tax reforms, Employment, Gender equality, Financial sector, Selected issues

This paper examines Comoros' weak domestic revenue and volatile windfall revenues. Weak revenue mobilization and the reliance on volatile one-off windfall gains remains a significant development challenge for Comor...

Statement by Mr. Sembene, Executive Director for Comoros, and Mr. Sidi Bouna, Advisor to the Executive Director June 13, 2018

Statement by Mr. Sembene, Executive Director for Comoros, and Mr. Sidi Bouna, Advisor to the Executive Director June 13, 2018 »

Source: Union of the Comoros : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Volume/Issue: 2018/189

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363768

Keywords: Article IV consultation reports, Fiscal reforms, Economic growth, Employment, Fiscal policy, Debt sustainability, Monetary policy, Surveillance, Economic indicators, Debt sustainability analysis

This 2018 Article IV Consultation highlights that the Comorian economy's performance improved in 2017. Growth is estimated at 2.7 percent for 2017, half a percentage point higher than in the previous year. A combin...

Union of the Comoros: 2018 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Union of the Comoros: 2018 Article IV Consultation—Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros »

Source: Union of the Comoros : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Volume/Issue: 2018/189

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363768

Keywords: Article IV consultation reports, Fiscal reforms, Economic growth, Employment, Fiscal policy, Debt sustainability, Monetary policy, Surveillance, Economic indicators, Debt sustainability analysis

This 2018 Article IV Consultation highlights that the Comorian economy's performance improved in 2017. Growth is estimated at 2.7 percent for 2017, half a percentage point higher than in the previous year. A combin...

Union of the Comoros: Selected Issues

Union of the Comoros: Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 2018/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363775

Keywords: Fiscal policy, Revenue mobilization, Tax revenues, Tax reforms, Employment, Gender equality, Financial sector, Selected issues

This paper examines Comoros' weak domestic revenue and volatile windfall revenues. Weak revenue mobilization and the reliance on volatile one-off windfall gains remains a significant development challenge for Comor...

Union of the Comoros: Selected Issues

Union of the Comoros: Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 2018/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363775

Keywords: Fiscal policy, Revenue mobilization, Tax revenues, Tax reforms, Employment, Gender equality, Financial sector, Selected issues

This paper examines Comoros' weak domestic revenue and volatile windfall revenues. Weak revenue mobilization and the reliance on volatile one-off windfall gains remains a significant development challenge for Comor...

Union of the Comoros: Selected Issues

Union of the Comoros: Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 2018/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363775

Keywords: Fiscal policy, Revenue mobilization, Tax revenues, Tax reforms, Employment, Gender equality, Financial sector, Selected issues

This paper examines Comoros' weak domestic revenue and volatile windfall revenues. Weak revenue mobilization and the reliance on volatile one-off windfall gains remains a significant development challenge for Comor...

Union of the Comoros: Selected Issues

Union of the Comoros: Selected Issues »

Source: Union of the Comoros : Selected Issues

Volume/Issue: 2018/190

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363775

Keywords: Fiscal policy, Revenue mobilization, Tax revenues, Tax reforms, Employment, Gender equality, Financial sector, Selected issues

This paper examines Comoros' weak domestic revenue and volatile windfall revenues. Weak revenue mobilization and the reliance on volatile one-off windfall gains remains a significant development challenge for Comor...

Union of the Comoros: Staff Report for the 2018 Article IV Consultation— Informational Annex

Union of the Comoros: Staff Report for the 2018 Article IV Consultation— Informational Annex »

Source: Union of the Comoros : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for the Union of the Comoros

Volume/Issue: 2018/189

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 June 2018

ISBN: 9781484363768

Keywords: Article IV consultation reports, Fiscal reforms, Economic growth, Employment, Fiscal policy, Debt sustainability, Monetary policy, Surveillance, Economic indicators, Debt sustainability analysis

This 2018 Article IV Consultation highlights that the Comorian economy's performance improved in 2017. Growth is estimated at 2.7 percent for 2017, half a percentage point higher than in the previous year. A combin...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

DOI: http://dx.doi.org/10.5089/9781484314203.001

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Medium-Term Budget Frameworks in Sub-Saharan African Countries

Medium-Term Budget Frameworks in Sub-Saharan African Countries »

Source: Medium-Term Budget Frameworks in Sub-Saharan African Countries

Volume/Issue: 2017/203

Series: IMF Working Papers

Author(s): Richard Allen , Taz Chaponda , Lesley Fisher , and Rohini Ray

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 September 2017

ISBN: 9781484314203

Keywords: Zambia, Congo, Republic of, Congo, Democratic Republic of the, Zimbabwe, Uganda, Togo, Tanzania, Sudan, Swaziland, Sub-Saharan Africa

More than 15 years ago, many countries in sub-Saharan Africa embarked on a program of budgetary reform, an important element of which was a medium-term budget framework (MTBF). This working paper focuses on the per...

Growth Breaks and Growth Spells in Sub-Saharan Africa

Growth Breaks and Growth Spells in Sub-Saharan Africa »

Source: Growth Breaks and Growth Spells in Sub-Saharan Africa

Volume/Issue: 2017/202

Series: IMF Working Papers

Author(s): Francisco Arizala , Jesus Gonzalez-Garcia , Charalambos Tsangarides , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

ISBN: 9781484314166

Keywords: Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Gr...

Growth Breaks and Growth Spells in Sub-Saharan Africa

Growth Breaks and Growth Spells in Sub-Saharan Africa »

Volume/Issue: 2017/202

Series: IMF Working Papers

Author(s): Francisco Arizala , Jesus Gonzalez-Garcia , Charalambos Tsangarides , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 September 2017

DOI: http://dx.doi.org/10.5089/9781484314166.001

ISBN: 9781484314166

Keywords: Africa, Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Central African Republic, Chad, Comoros

This paper examines the growth performance of sub-Saharan African countries since 1960 through the lens of growth turning points (accelerations and decelerations) and periods of sustained growth (growth spells). Gr...

The Informal Economy in Sub-Saharan Africa
			: Size and Determinants

The Informal Economy in Sub-Saharan Africa : Size and Determinants »

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

DOI: http://dx.doi.org/10.5089/9781484305942.001

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

The Informal Economy in Sub-Saharan Africa

The Informal Economy in Sub-Saharan Africa »

Source: The Informal Economy in Sub-Saharan Africa : Size and Determinants

Volume/Issue: 2017/156

Series: IMF Working Papers

Author(s): Leandro Medina , Andrew Jonelis , and Mehmet Cangul

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 10 July 2017

ISBN: 9781484305942

Keywords: Uganda, South Africa, Rwanda, Senegal, Seychelles, Sierra Leone, Sudan, Swaziland, Tanzania, Togo

The multiple indicator-multiple cause (MIMIC) method is a well-established tool for measuring informal economic activity. However, it has been criticized because GDP is used both as a cause and indicator variable....

Chapter 4. Conclusion

Chapter 4. Conclusion »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation in output and employment in sub-Saharan Africa has become a major concern of development economists. This is because analysis of past trends suggests that while the output transform...

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia

Chapter 1. Output, Demographic, and Employment Transformation in Sub-Saharan Africa and Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Structural transformation has become a widely used macroeconomic measure of the quality of the economic development process. 1 It is widely accepted that in order for it to happen...

Chapter 3. Projecting Output, Employment, and Productivity Forward through 2020

Chapter 3. Projecting Output, Employment, and Productivity Forward through 2020 »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This chapter uses the previously developed output and employment projections and analyzes what they mean for medium-term structural transformation in sub-Saharan Africa. The methodology for the projections i...

Chapter 2. Transformation and Productivity: Comparison with Asia

Chapter 2. Transformation and Productivity: Comparison with Asia »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

Productivity Transformation The employment and output data were combined to make assessments of the speed of structural adjustment in sub-Saharan Africa compared with Asian countries...

Structural Transformation in Employment and Productivity
			: What Can Africa Hope For?

Structural Transformation in Employment and Productivity : What Can Africa Hope For? »

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

DOI: http://dx.doi.org/10.5089/9781475583397.087

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Structural Transformation in Employment and Productivity: What Can Africa Hope For?

Structural Transformation in Employment and Productivity: What Can Africa Hope For? »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Volume: 17

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Back Matter

Back Matter »

Source: Structural Transformation in Employment and Productivity : What Can Africa Hope For?

Series: Departmental Papers / Policy Papers

Author(s): Louise Fox , Alun Thomas , and Cleary Haines

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 April 2017

ISBN: 9781475583397

Keywords: Employment, Productivity, Structural adjustment, Structural transformation, Sub Saharan Africa

This paper provides the most complete analysis of the structural transformation among low- and low-middle-income countries in sub-Saharan Africa to date....

Food Inflation in Sub-Saharan Africa

Food Inflation in Sub-Saharan Africa »

Source: Food Inflation in Sub-Saharan Africa : Causes and Policy Implications

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

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

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

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

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

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475562767.002

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

Union of Comoros
			: Selected Issues

Union of Comoros : Selected Issues »

Volume/Issue: 2016/394

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475562774.002

ISBN: 9781475562774

Keywords: Comoros, Sub-Saharan Africa

This Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005-15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemi...

Food Inflation in Sub-Saharan Africa
			: Causes and Policy Implications

Food Inflation in Sub-Saharan Africa : Causes and Policy Implications »

Volume/Issue: 2016/247

Series: IMF Working Papers

Author(s): Emre Alper , Niko Hobdari , and Ali Uppal

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

DOI: http://dx.doi.org/10.5089/9781475563115.001

ISBN: 9781475563115

Keywords: South Africa, Seychelles, Sierra Leone, Rwanda, Senegal, Togo, Sub-Saharan Africa, Tanzania, Sudan, Swaziland

This paper analyzes food inflation trends in Sub-Saharan Africa (SSA) from 2000 to 2016 using two novel datasets of disaggregated CPI baskets. Average food inflation is higher, more volatile, and similarly persiste...

Statement by Mr. Sembene, Executive Director for Comoros and Mr. Sidi Bouna, Senior Advisor to the Executive Director, December 7, 2016

Statement by Mr. Sembene, Executive Director for Comoros and Mr. Sidi Bouna, Senior Advisor to the Executive Director, December 7, 2016 »

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

Union of the Comoros Selected Issues

Union of the Comoros Selected Issues »

Source: Union of Comoros : Selected Issues

Volume/Issue: 2016/394

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562774

Keywords: Comoros, Sub-Saharan Africa

This Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005-15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemi...

Union of the Comoros: Selected Issues

Union of the Comoros: Selected Issues »

Source: Union of Comoros : Selected Issues

Volume/Issue: 2016/394

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562774

Keywords: Comoros, Sub-Saharan Africa

This Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005-15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemi...

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff–Monitored Program

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff–Monitored Program »

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff-Monitored Program—Debt Sustainability Analysis

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff-Monitored Program—Debt Sustainability Analysis »

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff-Monitored Program—Informational Annex

Union of the Comoros: Staff Report for the 2016 Article IV Consultation; and Staff-Monitored Program—Informational Annex »

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

Volume/Issue: 2016/393

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 December 2016

ISBN: 9781475562767

Keywords: Sub-Saharan Africa, Comoros

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 o...

Sub-Saharan African Migration
			: Patterns and Spillovers

Sub-Saharan African Migration : Patterns and Spillovers »

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

DOI: http://dx.doi.org/10.5089/9781475546668.062

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

Sub-Saharan African Migration

Sub-Saharan African Migration »

Source: Sub-Saharan African Migration : Patterns and Spillovers

Volume/Issue: 2016/09

Series: Spillover Notes

Author(s): Jesus Gonzalez-Garcia , Ermal Hitaj , Montfort Mlachila , Arina Viseth , and Mustafa Yenice

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 November 2016

ISBN: 9781475546668

Keywords: Togo, Tanzania, Uganda, Swaziland, Spillovers, Sub-Saharan Africa, Rwanda, Senegal, Seychelles, Sierra Leone

Amid rapid population growth, migration in sub-Saharan Africa has been increasing briskly over the last 20 years. Up to the 1990s, the stock of migrants-citizens of one country living in another country-was dominat...

3. Boosting Financial Sector Development

3. Boosting Financial Sector Development »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Sound macroeconomic fundamentals have been driving financial development in sub-Saharan African countries, while weak institutional quality has been hindering it in many countries of the region....

Financial Development in Sub-Saharan Africa
			: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

DOI: http://dx.doi.org/10.5089/9781475532401.087

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

5. Ensuring Continued Financial Stability

5. Ensuring Continued Financial Stability »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Key financial stability indicators—while stronger than in the past—have come under pressure more recently, possible presaging a slower pace of financial development in the future. Progress in su...

2. Financial Development, Growth, and Volatility

2. Financial Development, Growth, and Volatility »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Empirical estimates suggest that financial development has supported growth and reduced its volatility in sub-Saharan Africa. It has facilitated other economic policies in enhancing growth and s...

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth

Financial Development in Sub-Saharan Africa: Promoting Inclusive and Sustainable Growth »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

Back Matter

Back Matter »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Financial Development in Sub-Saharan Africa...

6. Policies for Supporting Financial Development and Stability

6. Policies for Supporting Financial Development and Stability »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

While financial development has contributed to economic growth and reduced its volatility in sub-Saharan Africa, the region is well below its possibility frontier. To reap the full benefits of f...

4. Promoting Financial Inclusion

4. Promoting Financial Inclusion »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

Access to traditional financial services in sub-Saharan Africa remains low relative to other regions, in particular for the poor, the uneducated, and women. Closing gaps in financial inclusion,...

1. Tracking Financial Development

1. Tracking Financial Development »

Source: Financial Development in Sub-Saharan Africa : Promoting Inclusive and Sustainable Growth

Series: Departmental Papers / Policy Papers

Author(s): Montfort Mlachila , Ahmat Jidoud , Monique Newiak , Bozena Radzewicz-Bak , and Misa Takebe

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 September 2016

ISBN: 9781475532401

In most sub-Saharan African countries, financial development has progressed over the past four decades. However, with the exception of the region’s middle-income countries, both financial market...

6. Conclusions

6. Conclusions »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Sub-Saharan African countries have in general run procyclical fiscal policies since 2000. This is not surprising in light of the fact that the majority of them are low-income and/or resource-dependent econom...

5. Country Case Studies

5. Country Case Studies »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines the experience of three countries to establish and implement fiscal frameworks aimed at generating financial savings for rainy days: Nigeria, Botswana, and Chile....

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Back Matter

Back Matter »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries »

Volume: 16

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

DOI: http://dx.doi.org/10.5089/9781513563541.087

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degree of f...

2. How to Measure the Degree of Fiscal Procyclicality

2. How to Measure the Degree of Fiscal Procyclicality »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The focus of this paper is to analyze the link between the fiscal policy stance and economic activity in sub-Saharan Africa between 2000 and 2014, a period marked by relatively high rates of growth, a substa...

1. Introduction

1. Introduction »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The cyclical behavior of fiscal policy affects sub-Saharan African countries because many of them depend on commodity exports or have been gaining access to international capital markets in recent years, and...

Overview

Overview »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

Excessively procyclical fiscal policy can be harmful. This paper investigates to what extent the fiscal policies of sub-Saharan African countries were procyclical in recent years and the reasons for the degr...

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries?

3. To What Extent Has the Fiscal Policy Been Procyclical among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

The Business Cycle in Sub-Saharan Africa First, this chapter illustrates the stylized facts of the business cycle dynamics among sub-Saharan African countries in recent years. While...

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries?

4. What Explains the Degree of Fiscal Policy Procyclicality among Sub-Saharan African Countries? »

Source: Cyclical Behavior of Fiscal Policy among Sub-Saharan African Countries

Series: Departmental Papers / Policy Papers

Author(s): Tetsuya Konuki , and Mauricio Villafuerte

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 24 August 2016

ISBN: 9781513563541

Keywords: Fiscal analysis, Fiscal policy, Cyclical indicators, Sub-Saharan Africa, Oil exporting states, fiscal policy, sub-saharan Africa, oil exporters, financial markets,

This chapter examines factors that may influence the way fiscal policy has been conducted over the business cycle—that is, the degree of fiscal policy procyclicality—in each of the sample sub-Saharan African...

Fixed Base Year vs. Chain Linking in National Accounts

Fixed Base Year vs. Chain Linking in National Accounts »

Source: Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...

Fixed Base Year vs. Chain Linking in National Accounts
			: Experience of Sub-Saharan African Countries

Fixed Base Year vs. Chain Linking in National Accounts : Experience of Sub-Saharan African Countries »

Volume/Issue: 2016/133

Series: IMF Working Papers

Author(s): Robert Dippelsman , Venkat Josyula , and Eric Métreau

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 July 2016

DOI: http://dx.doi.org/10.5089/9781475569339.001

ISBN: 9781475569339

Keywords: System of National Accounts, chain linking, volume measures, fixed base year

There are two approaches for producing volume estimates of GDP, fixed base year and annual chaining. While most advanced economies have adopted the chain-linked approach in the past twenty years, some African count...

Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Women's Opportunities and Challenges in Sub-Saharan African Job Markets »

Volume/Issue: 2016/118

Series: IMF Working Papers

Author(s): Christine Dieterich , Anni Huang , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2016

DOI: http://dx.doi.org/10.5089/9781484388518.001

ISBN: 9781484388518

Keywords: Multi-sector Labor Market, Agriculture Feminization, Female Informal Employment, Household Enterprise Employment, SSA Labor Market

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household survey data to analyze the determinants of the gender gap in the labor market and its welfare implications for five SSA countrie...

Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Women's Opportunities and Challenges in Sub-Saharan African Job Markets »

Source: Women's Opportunities and Challenges in Sub-Saharan African Job Markets

Volume/Issue: 2016/118

Series: IMF Working Papers

Author(s): Christine Dieterich , Anni Huang , and Alun Thomas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 June 2016

ISBN: 9781484388518

Keywords: Multi-sector Labor Market, Agriculture Feminization, Female Informal Employment, Household Enterprise Employment, SSA Labor Market

As labor market data is scarce in Sub-Saharan Africa (SSA), this paper uses household survey data to analyze the determinants of the gender gap in the labor market and its welfare implications for five SSA countrie...

Inequality, Gender Gaps and Economic Growth
			: Comparative Evidence for Sub-Saharan Africa

Inequality, Gender Gaps and Economic Growth : Comparative Evidence for Sub-Saharan Africa »

Volume/Issue: 2016/111

Series: IMF Working Papers

Author(s): Dalia Hakura , Mumtaz Hussain , Monique Newiak , Vimal Thakoor , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2016

DOI: http://dx.doi.org/10.5089/9781484382349.001

ISBN: 9781484382349

Keywords: Income inequality, gender inequality, economic growth, and sub-Saharan Africa

A growing body of empirical evidence suggests that inequality-income or gender related-can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gen...

Inequality, Gender Gaps and Economic Growth

Inequality, Gender Gaps and Economic Growth »

Source: Inequality, Gender Gaps and Economic Growth : Comparative Evidence for Sub-Saharan Africa

Volume/Issue: 2016/111

Series: IMF Working Papers

Author(s): Dalia Hakura , Mumtaz Hussain , Monique Newiak , Vimal Thakoor , and Fan Yang

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 08 June 2016

ISBN: 9781484382349

Keywords: Income inequality, gender inequality, economic growth, and sub-Saharan Africa

A growing body of empirical evidence suggests that inequality-income or gender related-can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gen...

2. Competitiveness in Sub-Saharan Africa: Marking Time or Moving Ahead?

2. Competitiveness in Sub-Saharan Africa: Marking Time or Moving Ahead? »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

In recent years the sub-Saharan African region has experienced strong real GDP growth and substantial trade integration. However, growth in sub-Saharan Africa’s trade volumes has not kept up with growth in t...

1. Dealing with the Gathering Clouds

1. Dealing with the Gathering Clouds »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Economic activity in sub-Saharan Africa has weakened markedly. To be sure, growth—at 3¾ percent this year and 4¼ percent in 2016—still remains higher than in many other emerging and developing regions of the...

Executive Summary

Executive Summary »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Dealing with the Gathering Clouds Growth in Sub-Saharan Africa has weakened markedly, and is now expected at 3¾ percent this year and 4¼ percent in 2016, from 5 perce...

3. Inequality and Economic Outcomes in Sub-Saharan Africa

3. Inequality and Economic Outcomes in Sub-Saharan Africa »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Sub-Saharan Africa has among the highest levels of inequality—both income and gender—in the world, even after accounting for the lower levels of per capita income in the region. With growing international ev...

Regional Economic Outlook, October 2015
			: Sub-Saharan Africa

Regional Economic Outlook, October 2015 : Sub-Saharan Africa »

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

DOI: http://dx.doi.org/10.5089/9781513597331.086

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by fall...

Back Matter

Back Matter »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by fall...

Front Matter

Front Matter »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Growth in sub-Saharan Africa has weakened after more than a decade of solid growth, although this overall outlook masks considerable variation across the region. Some countries have been negatively affected by fall...

Statistical Appendix

Statistical Appendix »

Source: Regional Economic Outlook, October 2015 : Sub-Saharan Africa

Series: Regional Economic Outlook

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 27 October 2015

ISBN: 9781513597331

Keywords: Sub-Saharan Africa; commodity exporters; oil-exporting countries; competitiveness; trade integration; income inequality; gender inequality

Unless otherwise noted, data and projections presented in this Regional Economic Outlook are IMF staff estimates as of 18 September, 2015, consistent with the projections underlying the October 2015 World Ec...

Regional Economic Outlook, April 2015
			: Sub-Saharan Africa

Regional Economic Outlook, April 2015 : Sub-Saharan Africa »

Series: Regional Economic Outlook

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 April 2015

Language: French

DOI: http://dx.doi.org/10.5089/9781475595840.086

ISBN: 9781475595840

The sharp decline in oil and other commodity prices have adversely impacted sub-Saharan Africa. Nevertheless, the region is projected to register another year of solid economic performance. In South Africa, however...

4. Discussion of the Guidelines

4. Discussion of the Guidelines »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

1. Debt Management Objectives and Coordination 1.1 Objectives 49. The main objective of public debt management is to ensure that the...

1. Purpose of the Guidelines

1. Purpose of the Guidelines »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

1. The Guidelines are designed to assist policymakers in considering reforms to strengthen the quality of their public debt management and reduce their country’s vulnerability to domestic and ex...

Revised Guidelines for Public Debt Management

Revised Guidelines for Public Debt Management »

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

DOI: http://dx.doi.org/10.5089/9781498330664.069

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

The Revised Guidelines for Public Debt Management have been developed as part of a broader work program undertaken by the IMF and the World Bank to strengthen the international financial architecture, promote polic...

Back Matter

Back Matter »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

The Revised Guidelines for Public Debt Management have been developed as part of a broader work program undertaken by the IMF and the World Bank to strengthen the international financial architecture, promote polic...

Front Matter

Front Matter »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

The Revised Guidelines for Public Debt Management have been developed as part of a broader work program undertaken by the IMF and the World Bank to strengthen the international financial architecture, promote polic...

3. The Public Debt Management Guidelines

3. The Public Debt Management Guidelines »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

1. Debt Management Objectives and Coordination 1.1 Objectives 10. The main objective of public debt management is to ensure that the government’s finan...

2. What is Public Debt Management and Why is it Important?

2. What is Public Debt Management and Why is it Important? »

Source: Revised Guidelines for Public Debt Management

Series: Manuals & Guides

Author(s): International Monetary Fund;World Bank

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 11 March 2015

ISBN: 9781498330664

Keywords: debt, debt management, market, securities

4. Public debt management is the process of establishing and executing a strategy for managing the government’s debt in order to raise the required amount of funding at the lowest possible cost...

Remittances and Macroeconomic Volatility in African Countries

Remittances and Macroeconomic Volatility in African Countries »

Volume/Issue: 2015/49

Series: IMF Working Papers

Author(s): Ahmat Jidoud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2015

DOI: http://dx.doi.org/10.5089/9781498300940.001

ISBN: 9781498300940

Keywords: Macroeconomic Volatility, African Economies, Financial Frictions, consumption, business cycle, economies, supply, Bayesian Analysis, Model Construction and Estimation, Financial Frictions.,

This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Em...

Remittances and Macroeconomic Volatility in African Countries

Remittances and Macroeconomic Volatility in African Countries »

Source: Remittances and Macroeconomic Volatility in African Countries

Volume/Issue: 2015/49

Series: IMF Working Papers

Author(s): Ahmat Jidoud

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 02 March 2015

ISBN: 9781498300940

Keywords: Macroeconomic Volatility, African Economies, Financial Frictions, consumption, business cycle, economies, supply, Bayesian Analysis, Model Construction and Estimation, Financial Frictions.,

This paper investigates the channels through which remittances affect macroeconomic volatility in African countries using a dynamic stochastic general equilibrium (DSGE) model augmented with financial frictions. Em...

IMF Executive Board Concludes 2014 Article IV Consultation with the Union of Comoros

IMF Executive Board Concludes 2014 Article IV Consultation with the Union of Comoros »

Source: Union of the Comoros : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

Union of the Comoros
			: Staff Report for the 2014 Article IV Consultation

Union of the Comoros : Staff Report for the 2014 Article IV Consultation »

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

DOI: http://dx.doi.org/10.5089/9781484320860.002

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

Statement by Mr. Ngueto Tiraina Yambaye, Executive Director for Union of the Comoros and Mr. Sidi Bouna Mohamed, Senior Advisor to the Executive Director, February 4, 2015

Statement by Mr. Ngueto Tiraina Yambaye, Executive Director for Union of the Comoros and Mr. Sidi Bouna Mohamed, Senior Advisor to the Executive Director, February 4, 2015 »

Source: Union of the Comoros : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

Union of the Comoros: Staff Report for the 2014 Article IV Consultation

Union of the Comoros: Staff Report for the 2014 Article IV Consultation »

Source: Union of the Comoros : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

Union of the Comoros: Staff Report for the 2014 Article IV Consultation—Debt Sustainability Analysis

Union of the Comoros: Staff Report for the 2014 Article IV Consultation—Debt Sustainability Analysis »

Source: Union of the Comoros : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

Union of the Comoros: Staff Report for the 2014 Article IV Consultation—Informational Annex

Union of the Comoros: Staff Report for the 2014 Article IV Consultation—Informational Annex »

Source: Union of the Comoros : Staff Report for the 2014 Article IV Consultation

Volume/Issue: 2015/34

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 13 February 2015

ISBN: 9781484320860

Keywords: investment, monetary fund, debt, revenue, revenues

KEY ISSUES The Comorian economy continues to grow although at a slightly slower pace. Economic growth in 2014 is projected at 3.3 percent, adversely affected by electricity disruptions and slower-than-expect...

IMF Executive Board Concludes the Sixth and Final Review under the Extended Credit Facility Arrangement with the Union of the Comoros

IMF Executive Board Concludes the Sixth and Final Review under the Extended Credit Facility Arrangement with the Union of the Comoros »

Source: Union of the Comoros : Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of a Performance Criterion

Volume/Issue: 2013/371

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2013

ISBN: 9781484320167

Keywords: external debt, current account, debt sustainability, debt relief, central bank

This paper discusses the Union of the Comoros' Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility (ECF) and Request for Waiver of a Performance Criterion. Performance under the ECF-sup...

Union of the Comoros
			: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of a Performance Criterion

Union of the Comoros : Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of a Performance Criterion »

Volume/Issue: 2013/371

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. African Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 December 2013

DOI: http://dx.doi.org/10.5089/9781484320167.002

ISBN: 9781484320167

Keywords: external debt, current account, debt sustainability, debt relief, central bank

This paper discusses the Union of the Comoros' Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility (ECF) and Request for Waiver of a Performance Criterion. Performance under the ECF-sup...