{
  "title": "Comoros: Staff Report for the 2001 Article IV Consultation and Discussions on a Staff-Monitored Program",
  "publication": "IMF Staff Country Reports, August 8, 2001",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/comoros-staff-report-for-the-2001-article-iv-consultation-and-discussions-on-a-staff-15281",
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  "summary": "The federal government has made progress in reducing fiscal imbalances and improving public services. The authorities sharply reduced expenditures on goods and services and transfers, and improved management of the payroll generated a 5 percent reduction in the wage bill compared with 1999.",
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      "heading": "Key findings",
      "content": "- The federal government made progress in reducing fiscal imbalances and improving public services.\n- Expenditures on goods and services and transfers were sharply reduced.\n- Improved management of the payroll generated a 5 percent reduction in the wage bill compared with 1999.\n- Executive Directors welcomed the staff-monitored program (SMP)'s emphasis on improving fiscal sustainability."
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    {
      "heading": "Policy recommendations and IMF response",
      "content": "- Executive Directors strongly supported continuation of a tight public sector wage policy.\n- Executive Directors endorsed the authorities' plans to reduce employment in the public sector as part of a civil service reform program.\n- The SMP was framed to emphasize fiscal sustainability through expenditure restraint and public sector reforms."
    },
    {
      "heading": "Fiscal measures and outcomes",
      "content": "- Sharp reductions in expenditures on goods and services and transfers were implemented.\n- Payroll management reforms yielded a 5 percent reduction in the wage bill relative to 1999.\n- Public sector employment reduction was planned and endorsed as part of a broader civil service reform program.\n\nComoros: Staff Report for the 2001 Article IV Consultation and Discussions on a Staff-Monitored Program — August 8, 2001\n\n---\n\n Content in this bundle\n\n- cr01135\n  - cr01135 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr01135 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 8, 2001",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451809039.002",
    "The federal government made progress in reducing fiscal imbalances and improving public services.",
    "Improved management of the payroll generated a 5 percent reduction in the wage bill compared with 1999.",
    "Executive Directors welcomed the staff-monitored program (SMP)'s emphasis on improving fiscal sustainability.",
    "Executive Directors strongly supported continuation of a tight public sector wage policy.",
    "Executive Directors endorsed the authorities' plans to reduce employment in the public sector as part of a civil service reform program.",
    "The SMP was framed to emphasize fiscal sustainability through expenditure restraint and public sector reforms.",
    "Sharp reductions in expenditures on goods and services and transfers were implemented.",
    "Payroll management reforms yielded a 5 percent reduction in the wage bill relative to 1999.",
    "Public sector employment reduction was planned and endorsed as part of a broader civil service reform program.",
    "**_cr01135**"
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