Union of the Comoros: Poverty Reduction Strategy Paper: Progress Report: Joint Staff Advisory Note
IMF Staff Country Reports, January 25, 2013
Source details
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- Union of the Comoros: Poverty Reduction Strategy Paper: Progress Report: Joint Staff Advisory Note
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Bibliographic details
- Published: January 25, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475533576.002
Summary findings
- Review covers Comoros’ first full Poverty Reduction Strategy (CPRS).
- Macroeconomic developments outlined in the progress report are broadly in line with the assessment.
- Key policy challenges remain for the future.
- Progress in strengthening budget management has been mixed during the report period.
- Despite reform momentum, which has picked up recently, developments in the energy sector fell short of expectations during 2011.
- Deficient transport and telecommunication infrastructures are important constraints to the development of the Comorian economy.
Macroeconomic assessment
- Macroeconomic developments in the progress report are described as broadly consistent with the staff assessment.
Budget management
- Progress in strengthening budget management: mixed during the report period.
- No numerical budget metrics are provided in the source summary.
Energy sector
- Reform momentum has picked up recently.
- Progress in the energy sector during 2011 is characterized as falling short of expectations.
Infrastructure constraints
- Deficient transport infrastructure is an important constraint to development.
- Deficient telecommunication infrastructure is an important constraint to development.
Subject coverage and keywords
- Subject: Civil service, Education, Health, Infrastructure, Labor, National accounts, Poverty, Poverty reduction strategy
- Keywords: APR report, Civil service, Comorian authorities, CPRS, CPRS implementation, CR, Global, government, government institution, government of Comoros, Infrastructure, ISCR, ministry personnel framework, Poverty reduction strategy, wage