Comoros: Recent Economic Developments

January 23, 1995

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Comoros: Recent Economic Developments, (USA: International Monetary Fund, 1995) accessed November 23, 2024

Summary

This paper reports economic developments in Comoros during the 1990s. Growth picked up during 1991–93, but there was continuing pressure on public finances and the balance of payments. After widening sharply in 1991, the primary budget balance improved significantly during the second half of 1992 and in 1993, as strong measures were taken to reduce current expenditures. The current account continued to be weak, owing to the narrow export base and the declining export prices of vanilla and cloves.

Subject: Arrears, Expenditure, Exports, Imports, Tariffs

Keywords: Central bank, CR, Current account, Customs duty, Exchange rate, ISCR, Private sector

Publication Details

Pages:

79
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 1994/006
Stock No:

1COMEA0011995
ISBN:

9781451808995
ISSN:

1934-7685

Notes

This report on recent economic developments in Comoros was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. In releasing this document for public use, confidential material may have been removed at the request of the member.

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