{
  "title": "Union of the Comoros: Selected Issues",
  "publication": "IMF Staff Country Reports, January 8, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2024/01/08/union-of-the-comoros-selected-issues-543402",
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  "summary": "This Selected Issues paper focuses on the costing and financing of social development goals (SDG) in Comoros. Comoros is committed to achieve SDGs, but progress has been limited.",
  "sections": [
    {
      "heading": "Objective and approach",
      "content": "- Focus: costing and financing of social development goals (SDG) in Comoros.\n- Analytical tools: two models—a costing model and a financing model—to estimate costs of reaching selected SDGs related to social, human capital, and infrastructure by the target year of 2030.\n- Context: Comoros is committed to achieve SDGs, but progress has been limited."
    },
    {
      "heading": "Key findings and cost estimate",
      "content": "- Aggregate cost: The substantial cost of achieving SDG is 18.8 percent of 2030 gross domestic product.\n- Drivers of high cost:\n  - Very low starting point of Comoros relative to SDG targets.\n  - Inherent difficulties associated with the country’s small size.\n  - Persistently very weak domestic resources."
    },
    {
      "heading": "Financing and policy implications",
      "content": "- Domestic revenue mobilization: Ongoing commitments of the authorities in the Extended Credit Facility program, with a focus on enhancing domestic revenue mobilization, are key to achieving better outcomes for SDG financing.\n- Fiscal space use: The fiscal space generated by the program could be used both to restore debt sustainability and to accelerate the achievement of SDGs in Comoros."
    },
    {
      "heading": "Thematic coverage",
      "content": "- Social, human capital, and infrastructure SDGs.\n- Interactions with fiscal policy and debt sustainability given limited domestic resources.\n\nInternational Monetary Fund. Union of the Comoros: Selected Issues (IMF Staff Country Reports 2024/005).\n\n---\n\n Content in this bundle\n\n- Union of the Comoros: Selected Issues; IMF Country Report No. 24/5; December 1, 2023\n  - Union of the Comoros: Selected Issues; IMF Country Report No. 24/5; December 1, 2023 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Union of the Comoros: Selected Issues; IMF Country Report No. 24/5; December 1, 2023 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
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    "[Markdown version](/en/publications/cr/issues/2024/01/08/union-of-the-comoros-selected-issues-543402/index.md)",
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    "Published: January 8, 2024",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9798400263125.002",
    "Focus: costing and financing of social development goals (SDG) in Comoros.",
    "Analytical tools: two models—a costing model and a financing model—to estimate costs of reaching selected SDGs related to social, human capital, and infrastructure by the target year of 2030.",
    "Context: Comoros is committed to achieve SDGs, but progress has been limited.",
    "Aggregate cost: The substantial cost of achieving SDG is 18.8 percent of 2030 gross domestic product.",
    "Drivers of high cost:",
    "Domestic revenue mobilization: Ongoing commitments of the authorities in the Extended Credit Facility program, with a focus on enhancing domestic revenue mobilization, are key to achieving better outcomes for SDG financing.",
    "Fiscal space use: The fiscal space generated by the program could be used both to restore debt sustainability and to accelerate the achievement of SDGs in Comoros.",
    "Social, human capital, and infrastructure SDGs.",
    "Interactions with fiscal policy and debt sustainability given limited domestic resources.",
    "**Union of the Comoros: Selected Issues; IMF Country Report No. 24/5; December 1, 2023**"
  ],
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