## Comoros: Staff Report for the 2001 Article IV Consultation and Discussions on a Staff-Monitored Program

_IMF Staff Country Reports, August 8, 2001_

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## Bibliographic details
- Published: August 8, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451809039.002

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### Key findings
- The federal government made progress in reducing fiscal imbalances and improving public services.
- Expenditures on goods and services and transfers were sharply reduced.
- 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.

### Policy recommendations and IMF response
- 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.

### Fiscal measures and outcomes
- 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.

*Comoros: Staff Report for the 2001 Article IV Consultation and Discussions on a Staff-Monitored Program — August 8, 2001*

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_Source: 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_