Union of the Comoros : Poverty Reduction Strategy Paper: Joint Staff Advisory Note

Author/Editor:

International Monetary Fund

Publication Date:

July 6, 2010

Electronic Access:

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Summary:

Despite offering a more realistic macroeconomic outlook than the I-Poverty Reduction Strategy Paper (PRSP), the baseline scenario under the full Poverty Reduction and Growth Strategy Paper (PRGSP) is overly optimistic. The authorities estimate the cost of the five-year strategy at US$1.4 billion, nearly all to be funded with assistance from donors. The PRGSP rightly notes the adverse impact of real exchange rate appreciation on external viability. The PRGSP identifies three main sectors—agriculture, fisheries, and tourism—that have the potential to generate sustained economic growth. Comoros’s development goals and reform agenda under the full PRGSP are ambitious.

Series:

Country Report No. 10/189

Subject:

English

Publication Date:

July 6, 2010

ISBN/ISSN:

9781455203376/1934-7685

Stock No:

1COMEA2010002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

11

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