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December 13, 2013
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Article IV Staff Reports



Projected % Change
   2014  2015
Real GDP 3.9 3.9
Consumer Prices 3 2.9
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/Staff reports on this country for possible revisions.

Union of the Comoros: Financial Position in the Fund

Transactions with the Fund


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Union of the Comoros and the IMF
Updated October 11, 2014

Show all items sorted by date | Annual Meetings Speeches (1) | Article IV Staff Reports (9) | IMF Survey Online (2) | IMF Surveys (1) | Letters of Intent (10) | Mission Concluding Statements (1) | Press Releases (31) | Public Information Notices (9) | Publications (31) | Statements at Donor Meetings (1) | The Cross-Border Initiative in Eastern and Southern Africa (1) | Transcripts (2) 
Annual Meetings Speeches
September 29, 1999 -- Statement by the Hon. Tantely Andrianarivo, Governor of the IMF for Madagascar, on behalf of the African Governors, at the Joint Annual Discussion
PDF File Size: 14Kb
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Article IV Staff Reports
February 08, 2013 -- Union of the Comoros: Staff Report for the 2012 Article IV Consultation, Fourth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Financing Assurances Review—Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros.
Series: Country Report No. 13/32
Notes: Also available in French
March 24, 2011 -- 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.
Series: Country Report No. 11/72
Notes: Also Available in French
February 04, 2009 -- Union of the Comoros: 2008 Article IV Consultation and Request for Emergency Post-Conflict Assistance and for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility-Staff Report; Staff Supplement; Staff Statement; Public Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros
Series: Country Report No. 09/42
Notes: Also available in French
October 30, 2006 -- Union of the Comoros: 2006 Article IV Consultation and Fourth Staff Review and Extension of the Staff-Monitored Program - Staff Report; Staff Supplement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros
Series: Country Report No. 06/383
August 16, 2005 -- Union of the Comoros: 2005 Article IV Consultation and First Review Under the Staff-Monitored Program - Staff Report; Staff Statement; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Union of the Comoros
Series: Country Report No. 05/299
August 13, 2004 -- Union of the Comoros: 2004 Article IV Consultation-Staff Report; Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 04/259
March 24, 2004 -- Comoros: 2002 Article IV Consultation and Review of Performance Under a Staff-Monitored Program--Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Comoros
Series: Country Report No. 04/77
August 08, 2001 -- Comoros: 2001 Article IV Consultation and Discussion on a Staff-Monitored Program--Staff Report, Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/135
August 08, 2001 -- Comoros: 2001 Article IV Consultation and Discussion on a Staff-Monitored Program--Staff Report, Staff Statement; and Public Information Notice on the Executive Board Discussion
Series: Country Report No. 01/135
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IMF Survey Online
April 20, 2013 -- IMF Survey : Africa Enjoying Dynamic Growth but Challenges Remain
African countries are focusing on improving their infrastructure and tackling unemployment to maintain their dynamic growth, said African finance ministers during the IMF-World Bank Spring Meetings in Washington.
January 08, 2013 -- IMF Survey: IMF, World Bank Support $176 Million Debt Relief for Comoros
The IMF and the World Bank decide to support comprehensive debt relief of $176 million for Comoros, signaling the country’s graduation from the Enhanced Heavily Indebted Poor Countries Initiative process and an irrevocable 59 percent reduction of external debt service over the next 40 years.
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IMF Surveys
March 07, 2005 -- IMF Survey:
De Rato in Maghreb; Afghanistan; El Salvador; Comoros; Finland; IEO releases report on technical assistance; Institutions and economic growth; Central bank transparency; Postconflict experience in sub-Saharan Africa; Monetary policy implementation. PDF File Size: 374Kb
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IMFC Statements
October 11, 2014 -- New IMFC Statement by Mr. Regis Immongault, Minister of Economy, Promotion of Investments, and Prospective, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Guinea-Bissau, Republic of Equatorial Guinea, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 543Kb
April 11, 2014 -- IMFC Statement by Christophe Akagha-Mba, Minister of Economy and Prospective, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 645Kb
April 20, 2013 -- IMFC Statement by Luc Oyoubi, Minister of Economy, Employment and Sustainable Development, Ministere de l'Economie, de l'Emploi et du Developpement Durable, Gabon
On behalf of: Burundi, Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Djibouti, Gabon, Guinea, Republic of Equatorial Guinea, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 212Kb
April 12, 2008 -- IMFC Statement by His Excellency Paul Toungui, Minister of State, Minister of Economy, Finance, Budget, and Privatization, Gabon
On behalf of: Benin, Burkina Faso, Central African Republic, Côte d'Ivoire, Cameroon, Democratic Republic of the Congo, Republic of Congo, Union of the Comoros, Cabo Verde, Djibouti, Gabon, Guinea, Guinea-Bissau, Republic of Equatorial Guinea, Republic of Madagascar, Mali, Islamic Republic of Mauritania, Mauritius, Niger, Rwanda, Senegal, Democratic Republic of São Tomé and Príncipe, Chad, Togo. PDF File Size: 181Kb
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Letters of Intent
May 18, 2013 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 18, 2013
Also available in French PDF File Size: 384Kb
November 30, 2012 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 30, 2012
PDF File Size: 463Kb
May 23, 2012 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, May 23, 2012
PDF File Size: 464Kb
November 29, 2010 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 29, 2010
Also available in French PDF File Size: 261Kb
June 05, 2010 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, June 05, 2010
Also available in French PDF File Size: 479Kb
August 11, 2009 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, August 11, 2009
PDF File Size: 469Kb
November 26, 2008 -- Union of the Comoros -- Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, November 26, 2008
Also available in French PDF File Size: 379Kb
March 31, 2006 -- Union of the Comoros -- Staff-Monitored Program: Letter of Intent and Memorandum of Economic and Financial Policies, March 31, 2006
PDF File Size: 223Kb
February 02, 2005 -- Union of the Comoros -- Staff-Monitored Program: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, February 02, 2005
PDF File Size: 347Kb
July 01, 2001 -- Comoros Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding, July 1, 2001
This Letter of Intent of the government of Comoros describes the policies that Comoros intends to implement in the context of its request for financial support from the IMF.
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Mission Concluding Statements
July 26, 2006 -- Union of the Comoros -- Concluding Statement for the 2006 Article IV Consultation IMF Mission
Describes the preliminary findings of IMF staff at the conclusion of certain missions (official staff visits, in most cases to member countries). Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, and as part of other staff reviews of economic developments.
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Press Releases
March 11, 2014 -- Press Release: Statement by the IMF Mission at the end of a visit to the Union of the Comoros
December 13, 2013 -- Press Release: IMF Executive Board Concludes the Sixth and Final Review under the Extended Credit Facility Arrangement with the Union of the Comoros
September 30, 2013 -- Press Release: Statement by the IMF Mission to the Union of the Comoros
June 07, 2013 -- Press Release: IMF Executive Board Completes Fifth Review Under ECF Arrangement for Comoros, and Approves US$2.4 Million Disbursement
April 08, 2013 -- Press Release: Additional Funding to Boost Capacity Development in Southern Africa by IMF Regional Technical Assistance Center
April 05, 2013 -- Press Release: Southern African Central Bank and Finance Ministry Officials Discuss Macroprudential Approaches to Supervision of Financial Systems in the Region
March 22, 2013 -- Press Release: Concluding Statement of the IMF Mission to Comoros
February 13, 2013 -- Press Release: The Union of the Comoros joins the IMF’s General Data Dissemination System
December 20, 2012 -- Press Release: IMF and World Bank Announce US$176 million Debt Relief for the Union of the Comoros
December 17, 2012 -- Press Release: IMF Executive Board Completes Fourth Review under the Union of the Comoros’ ECF Arrangement, and Approves US$2.3 Million Disbursement
October 09, 2012 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Comoros
June 15, 2012 -- Press Release: IMF Executive Board Concludes Third Review Under the Extended Credit Facility Arrangement for the Union of the Comoros; Approves Extension of the Arrangement and US$2.37 Million Disbursement
March 19, 2012 -- Press Release: Statement at the end of an IMF Staff Mission to the Union of the Comoros
October 18, 2011 -- Press Release: Statement at the end of an IMF Staff Mission to the Union of the Comoros
August 23, 2011 -- Press Release: Statement at the End of an IMF Staff Visit to the Union of the Comoros
April 04, 2011 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Comoros
January 21, 2011 -- Press Release: IMF Executive Board Completes Second Review Under ECF Arrangement with the Union of the Comoros and Approves US$2.42 Million Disbursement
November 01, 2010 -- Press Release: Statement at the Conclusion of an IMF Mission to Comoros
June 29, 2010 -- Press Release: IMF and World Bank Announce Comoros Can Start Receiving Debt Relief
June 21, 2010 -- IMF Executive Board Completes First Review under Comoros’ ECF Arrangement and Approves US$2.3 Million Disbursement
April 20, 2010 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Comoros
April 09, 2010 -- Press Release: IMF and World Bank Consider the Union of the Comoros Eligible for Assistance Under the Enhanced Heavily Indebted Poor Countries (HIPC) Initiative
November 16, 2009 -- Press Release: Statement by the IMF Staff Mission at the Conclusion of a Visit to the Union of the Comoros
September 21, 2009 -- Press Release: IMF Executive Board Approves US$21.5 Million PRGF Arrangement for the Union of the Comoros
June 23, 2009 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to the Comoros
March 17, 2009 -- Press Release: Statement at the Conclusion of an IMF Staff Mission to Comoros
December 16, 2008 -- Press Release: IMF Executive Board Approves US$5.1 Million in Emergency Post-Conflict Assistance and Exogenous Shocks Facility Disbursements to the Union of the Comoros
August 08, 2008 -- Press Release: Statement by the IMF Staff Mission on the 2008 Article IV Consultation and Discussions on an EPCA-Supported Program for the Comoros
Press Release: Statement by the IMF Staff Mission on the 2008 Article IV Consultation and Discussions on an EPCA-Supported Program for the Comoros
March 30, 2007 -- Press Release: Statement by the IMF Staff Mission at the Conclusion of a Visit to the Union of the Comoros
December 15, 2006 -- Press Release: Statement by the IMF Staff Mission to the Union of the Comoros
July 29, 1996 -- Press Release: Comoros Accepts Article VIII Obligations
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Public Information Notices
January 15, 2013 -- Comoros: IMF Executive Board Concludes 2012 Article IV Consultation
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 02, 2011 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation with Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
December 24, 2008 -- Public Information Notice: IMF Executive Board Concludes the 2008 Article IV Consultation with Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
October 30, 2006 -- Public Information Notice: IMF Executive Board Concludes 2006 Article IV Consultation with The Union of the Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
August 12, 2005 -- Public Information Notice: IMF Executive Board Concludes 2005 Article IV Consultation with the Union of the Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
May 14, 2004 -- Public Information Notice: IMF Concludes 2004 Article IV Consultation with the Union of the Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
February 13, 2004 -- Public Information Notice: IMF Concludes 2002 Article IV Consultation with the Comoros
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 31, 2001 -- Public Information Notice: IMF Concludes 2001 Article IV Consultation with Comoros
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
September 05, 2000 -- Public Information Notice: IMF Concludes Article IV Consultation with Comoros
Public Information Notices (PINs) form part of the IMF's efforts to promote transparency of the IMF's views and analysis of economic developments and policies.
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Publications
December 20, 2013 -- Union of the Comoros: Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of a Performance Criterion
Series: Country Report No. 13/371
June 19, 2013 -- Union of the Comoros: Fifth Review Under the Three-Year Arrangement Under the Extended Credit Facility, and Request for Modification of a Performance Criterion
Series: Country Report No. 13/167
February 08, 2013 -- Union of the Comoros: Enhanced Initiative for Heavily Indebted Poor Countries—Completion Point Document and Multilateral Debt Relief Initiative
Series: Country Report No. 13/33
February 08, 2013 -- Union of the Comoros: Third Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Waiver of Nonobservance of a Performance Criterion, Modification of a Performance Criterion, Extension of the Arrangement, Rephasing of Disbursements, and Financing Assurances Review
Series: Country Report No. 13/38
February 08, 2013 -- Union of the Comoros: Poverty Reduction Strategy Paper—Review of the Second Year of Implementation
Series: Country Report No. 13/39
January 25, 2013 -- Union of the Comoros: Poverty Reduction Strategy Paper—Progress Report—Joint Staff Advisory Note
Series: Country Report No. 13/27
October 20, 2010 -- Union of the Comoros: Detailed Assessment Report on Anti-Money Laundering and Combating the Financing of Terrorism
Series: Country Report No. 10/320
October 20, 2010 -- Union of the Comoros
Series: Country Report No. 10/321
Notes: Also available in French
August 01, 2010 -- Union of the Comoros: Enhanced Heavily Indebted Poor Countries (HIPC) Initiative- Decision Point Document
Series: Country Report No. 10/242
Notes: Also Available in French
July 28, 2010 -- Union of the Comoros: First Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for a Modification of Performance Criteria and Financing Assurances Review - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros.
Series: Country Report No. 10/233
Notes: Also available in French
July 07, 2010 -- Union of the Comoros: Action Plan for Implementation of the 2010 - 2014 Poverty Reduction and Growth Strategy
Series: Country Report No. 10/191
July 06, 2010 -- Union of the Comoros: Enhanced Initiative for Heavily Indebted Poor Countries - Preliminary document
Series: Country Report No. 10/188
July 06, 2010 -- Union of the Comoros: Poverty Reduction Strategy Paper - Joint Staff Advisory Note
Series: Country Report No. 10/189
July 06, 2010 -- Union of the Comoros: Poverty Reduction and Growth Strategy Paper
Series: Country Report No. 10/190
November 02, 2009 -- 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 Facilitiy - Staff Report; Supplement, Informational Annex; Staff Statement, Press Release on the Executive Board Discussion; and Statement by the Executive Director of Comoros
Series: Country Report No. 09/307
February 10, 2009 -- Union of the Comoros: Selected Issues and Statistical Appendix
Series: Country Report No. 09/46
October 30, 2006 -- Union of the Comoros: Selected Issues and Statistical Appendix
Series: Country Report No. 06/385
May 26, 2006 -- Union of the Comoros: Interim Poverty Reduction Strategy Paper - Joint Staff Advisory Note
Series: Country Report No. 06/189
May 26, 2006 -- Union of the Comoros: Interim Poverty Reduction Strategy Paper
Series: Country Report No. 06/191
May 26, 2006 -- Union of the Comoros: Second Review Under the Staff-Monitored Program
Series: Country Report No. 06/192
May 26, 2006 -- Union of the Comoros: Third Staff Review and Extension of the Staff-Monitored Program
Series: Country Report No. 06/193
August 16, 2005 -- Union of the Comoros: Statistical Appendix
Series: Country Report No. 05/296
March 07, 2005 -- Union of the Comoros: Staff-Monitored Program
Series: Country Report No. 05/77
August 13, 2004 -- Union of the Comoros: Selected Issues and Statistical Appendix
Series: Country Report No. 04/233
March 24, 2004 -- Comoros: Statistical Appendix
Series: Country Report No. 04/83
August 08, 2001 -- Comoros: Recent Economic Developments
Series: Country Report No. 01/136
August 08, 2001 -- Comoros: Recent Economic Developments
Series: Country Report No. 01/136
August 24, 2000 -- Comoros: Statistical Annex
Series: IMF Staff Country Report No. 00/108
December 15, 1997 -- Comoros--Statistical Annex
Series: IMF Staff Country Report No. 97/115
October 15, 1996 -- Comoros--Recent Economic Developments
Series: IMF Staff Country Report No. 96/106
January 23, 1995 -- Comoros - Recent Economic Developments
Series: IMF Staff Country Report No. 95/6
Notes: This report on recent economic developments in Comoros was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.
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Statements at Donor Meetings
December 08, 2005 -- Donors Conference for the Union of Comoros, Statement of the IMF Staff Representative, Thomas Krueger, Senior Advisor, African Department, IMF
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The Cross-Border Initiative in Eastern and Southern Africa
July 14, 1999 -- The Cross-Border Initiative in Eastern and Southern Africa
The Initiative comprises a common policy framework aims to facilitate cross-border economic activity by eliminating barriers to the flow of goods, services, labor, and capital, and to help integrate markets by coordinating reform programs in several key structural areas, supported by appropriate macroeconomic policies.
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Transcripts
April 11, 2013 -- Transcript of the African Finance Ministers Press Conference
October 10, 2010 -- Transcript of a Press Conference by African Finance Ministers at the International Monetary Fund and World Bank Group Annual Meetings