IMF Staff Country Reports

Union of the Comoros: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report

April 20, 2023

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Format: Chicago

Union of the Comoros: Second Review Under the Staff-Monitored Program-Press Release; and Staff Report, (USA: International Monetary Fund, 2023) accessed September 18, 2024

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Summary

Comoros is a small, fragile island state (population: 850,000) with low and shock-prone growth. A Staff-Monitored Program (SMP) has been in place since July 2021. Policies aimed to: (i) contain and recover from the COVID-19 pandemic; and (ii) start implementing reforms to overcome fragility, boost inclusive growth, and limit risks. The first review assessed implementation through end-September 2021 as satisfactory and rescheduled three structural benchmarks that needed more time from end-December 2021 to end-February 2022. This second (and final) review assessed implementation of end-December 2021 and end-February 2022 quantitative targets and structural benchmarks, as well as overall policy implementation under the SMP.

Subject: International organization, Monetary policy

Publication Details

  • Pages:

    58

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2023/143

  • Stock No:

    1COMEA2023001

  • ISBN:

    9798400240751

  • ISSN:

    1934-7685