This web page provides information in on the activities of the Office, views of the IMF staff, and the relations between the Union of the Comoros and the IMF. Additional information can be found on the Union of the Comoros and IMF country page, including official IMF reports and Executive Board documents in English and French that deal with the Union of the Comoros.
At a Glance
Union of the Comoros joined the Fund on September 21, 1976
Total Quotas: SDR 17.8 million
Article IV/Country Report: June 18, 2020
Office Activities
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A few moments from the Resident Representative in June 20-22, 2023
PDF with abstracts of meetings and a few photographs of events.
June 21, 2023
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Meeting of the AFRITAC South Steering Committee, press briefing, and REO presentation
Resident Representative, Rima Turk, delivers a REO presentation during the Steering Committee meeting. PDF includes an abstract of the event, as well as newspaper clip and links.
June 19, 2023
IMF's Work on Comoros
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Joint Statement on Solidarity with Morocco
September 10, 2023
Joint Statement on Solidarity with Morocco
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June 21, 2023
Series:Country Report No. 2023/215
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June 1, 2023
Successive external shocks in recent years have exacerbated already fragile economic conditions in Comoros. The surge in global commodity prices and transportation costs during 2022 severely impacted households’ purchasing powers in this import-dependent island economy and substantially worsened the fiscal outlook. These shocks have coincided with increased fiscal and debt service needs, as well as the expiration of pandemic-era support and retrenchment in international aid, which have significantly tightened financing constraints.
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May 8, 2023
“The IMF team has reached staff-level agreement with the Comorian authorities on a 4-year program under the Extended Credit Facility (ECF), with requested access of SDR 32.04 million (about US$43 million). This agreement is subject to approval by the IMF Management and Executive Board, with Board consideration expected in the coming weeks.
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Economic Growth in Sub-Saharan Africa Could Permanently Decline if Geopolitical Tensions Escalate
May 1, 2023
Countries will need to build resilience to manage the inevitable shifts in trade and foreign direct investment.
Departmental Papers on Africa
The Departmental African Paper Series covers research on sub-Saharan Africa conducted by International Monetary Fund (IMF) staff, particularly on issues of broad regional or cross-country interest. The views expressed in these papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF Management.