Title Union of the Comoros : 2010 article IV consultation and second review under the extended credit facility, request for modification of a performance criterion, and financing assurances review-staff report ; staff statement and supplement ; public information notice and press release on the executive board discussion ; and statement by the executive director for Comoros / International Monetary Fund

Published Washington, District of Columbia : International Monetary Fund, 2011

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Description 1 online resource (78 pages) : illustrations, charts Series IMF Country Report ; Number 11/72 IMF country report ; no. 11/72. Contents Cover; Contents; I. Executive Summary; II. Recent Economic Developments: Encouraging Signs of Recovery; III. Economic Challenges-Creating Conditions for Sustained Strong Growth and Poverty Reduction; A. Medium-term macroeconomic outlook and risks; B. Medium-term fiscal strategy; C. Strengthening Economic Competitiveness and Long-Term Growth; Figures; 1. Selected fiscal indicators, 2009-15; 2. Remittances and growth in Comoros, 1998-2009; IV. Second Review of the ECF Arrangement; A. Performance under the ECF; 3. Aid receipts, 2000-2015; B. Program for 2011 C. Program monitoring, financing assurances, and short-term risksD. PRSP, HIPC, data and other issues; V. Staff Appraisal; Tables; 1. Selected Economic and Financial Indicators, 2008-15; 2. Consolidated Government Financial Operations, 2008-15; 3. Monetary Survey, 2008-15; 4. Comoros: Balance of Payments, 2008-15; 5. Comoros: Education and Health Expenditure, 2008-11; 6. Schedule of Proposed ECF Disbursements and Reviews, 2009-12; 7. Indicators of Capacity to Repay the Fund, 2009-22; Annexes; I. Comoros' External Competitiveness-an Assessment; II. Remittances and Growth-The Missing Link III. Letter of IntentAttachment 1. Memorandum on Economic and Financial Policies for 2011; Attachment 2. Technical Memorandum of Understanding; Contents; I. Comoros: Relations with the Fund; II. Comoros-Joint World Bank-IMF Work Program, 2010-11; III. Comoros: Relations with the African Development Bank Group; IV. Comoros: Statistical Issues Summary The policies in a challenging political and economic environment are discussed in this study. The importance of reforms to enhance the budget process, tax administration, and expenditure control is encouraged. A higher growth path will require far-reaching structural reforms to bolster Comoros's competitiveness and increase the economy's ability to intermediate remittances and aid inflows. The need to improve the business environment and the management of public utilities is explained in detail Notes Online resource; title from PDF title page (ebrary, viewed September 25, 2014) Subject Economic development -- Comoros Poverty -- Comoros Economic indicators -- Comoros Economic development Economic history Economic indicators Economic policy Poverty SUBJECT Comoros -- Economic policy Comoros -- Economic conditions Subject Comoros Form Electronic book ISBN 9781455232123 1455232122 9781455232116 1455232114

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