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

 
 
Publication Date: December 20, 2013
 
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Summary: 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-supported program through end-June was broadly satisfactory. All but one of the performance criteria and all indicative targets for end-June were met. Most structural benchmarks were also met. The authorities are requesting a waiver for the nonobservance of the performance criterion on net credit to the government at end-June 2013. The IMF staff supports this request and recommends completion of the sixth and final review under the ECF arrangement.
 
Series: Country Report No. 13/371
Subject(s): Extended Credit Facility | Fiscal policy | Poverty reduction strategy | Fiscal consolidation | Fiscal reforms | Monetary policy | Economic indicators | Debt sustainability analysis | Staff Reports | Press releases | Performance criteria waivers | Comoros

 
English
Publication Date: December 20, 2013
ISBN/ISSN: 9781484320167/1934-7685 Format: Paper
Stock No: 1COMEA2013007 Pages: 48
Price:
US$18.00 (Academic Rate:
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