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

August 8, 2001

Preview Citation

Format: Chicago

Comoros: Staff Report for the 2001 Article IV Consultation and Discussions on a Staff-Monitored Program, (USA: International Monetary Fund, 2001) accessed December 23, 2024

Summary

The federal government has made progress in reducing fiscal imbalances and improving public services. The authorities sharply reduced expenditures on goods and services and transfers, and 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, and they strongly supported a continuation of the tight public sector wage policy, and endorsed the authorities' plans to reduce employment in the public sector as part of a civil service reform program.

Subject: Arrears, Budget planning and preparation, Debt service, Expenditure, External debt, Public financial management (PFM)

Keywords: Africa, Arrears, Budget planning and preparation, CR, Debt service, Donor meeting, Emergency program, Global, Government, Governments emergency reconciliation, ISCR, Project assistance, Staff appraisal

Publication Details

Pages:

67
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2001/135
Stock No:

1COMEA0012001
ISBN:

9781451809039
ISSN:

1934-7685

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