Union of the Comoros: First Review Under the Staff-Monitored Program and Request for Extension; and Staff Report

February 8, 2022

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Summary

Comoros is a small, fragile island state (population: 850,000) with persistently low and shock-prone growth and a high risk of external debt distress. Officially recorded COVID-related casualties have remained low (4,569 infections and 151 deaths so far). Growth projections remain at 1.6 percent in 2021 and 3.8 percent in 2022, supported in part by progress in vaccinations.

Subject: Arrears, Current spending, Expenditure, External debt, Fiscal policy, Fiscal stance, International organization, Monetary policy, Revenue administration

Keywords: Arrears, Comorian authorities, Comoros' Staff Monitored program, Current spending, Fiscal stance, IMF team, IMF's transparency policy, management of the International Monetary Fund, SMP objective, SMP review, Sub-Saharan Africa

Pages:
52
Volume:
2022
DOI:
https://doi.org/10.5089/9798400200717.002
Issue:
032
Series:
Country Report No. 2022/032
Stock No:
1COMEA2022001
ISBN:
9798400200717
ISSN:
1934-7685

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