Cover IMF Staff Country Reports
Comoros: Staff Report for the 2002 Article IV Consultation and Review of Performance Under a Staff-Monitored Program
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2004: Issue 077
Language:
English
Publication Date:
24 Mar 2004
DOI:
https://doi.org/10.5089/9781451809046.002
ISBN:
9781451809046
ISSN:
1934-7685
Pages:
61
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
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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.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund
Volume 2004: Issue 077