IMF Staff Country Reports

Union of the Comoros: Second Review Under the Staff-Monitored Program

May 26, 2006

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International Monetary Fund. "Union of the Comoros: Second Review Under the Staff-Monitored Program", IMF Staff Country Reports 2006, 192 (2006), accessed 12/20/2025, https://doi.org/10.5089/9781451809152.002

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Summary

This paper on the Second Review Under the Staff-Monitored Program for the Union of the Comoros reports that the external current account is expected to worsen with the sharp deterioration of the trade deficit. General economic conditions have remained lackluster in 2005, hampered by the sharp deterioration in terms of trade, as vanilla prices have remained depressed and oil import costs have more than doubled. Monetary policy has remained prudent and inflation subdued.

Subject: Arrears, Banking, Credit, Current spending, Expenditure, External debt, External position, Foreign assets

Keywords: Arrears, Comorian authorities, CR, Current spending, Foreign assets, Global, government, government financial operations, ISCR, Island government, net, net credit, reform program, U.S. dollar

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