IMF Staff Country Reports

Union of the Comoros: 2008 Article IV Consultation and Request for Emergency Post-Conflict Assistance and for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility-Staff Report; Staff Supplement; Staff Statement; Public Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros

February 4, 2009

Download PDF

Preview Citation

Format: Chicago

Union of the Comoros: 2008 Article IV Consultation and Request for Emergency Post-Conflict Assistance and for Disbursement Under the Rapid-Access Component of the Exogenous Shocks Facility-Staff Report; Staff Supplement; Staff Statement; Public Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for the Union of the Comoros, (USA: International Monetary Fund, 2009) accessed December 22, 2024

Also available in: français

Summary

This paper discusses the Union of Comoros’ 2008 Article IV Consultation and request for Emergency Post-Conflict Assistance and disbursement under the Rapid-Access Component of the Exogenous Shocks Facility. Real GDP growth has been well below the regional average, and per-capita income has steadily declined. Rising food and energy costs have worsened the external position, and the external debt burden is far above the Heavily Indebted Poor Countries threshold. To reverse the deteriorating trend, the authorities have initiated measures in 2008 to contain the fiscal deficit and begin to address macroeconomic and structural impediments to growth.

Subject: Arrears, Debt sustainability analysis, Emergency assistance, External debt, Foreign aid, Public debt

Keywords: Arrears, CR, Debt, Debt sustainability analysis, Emergency assistance, Global, ISCR, Paris Club creditor, Petroleum products price, Reform implementation risk, Shocks facility disbursement, Staff appraisal, Sub-Saharan Africa

Publication Details

  • Pages:

    99

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2009/042

  • Stock No:

    1COMEA2009001

  • ISBN:

    9781451809190

  • ISSN:

    1934-7685

Notes

Also available in French

You May Also Be Interested In...

Ukraine: Sixth Review Under the Extended Arrangement Under the Extended Fund Facility, Requests for Modification of a Performance Criterion, and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ukraine

December 20, 2024

Islamic Republic of Mauritania: Staff Report for the 2024 Article IV Consultation, Third Review Under the Arrangements Under the Extended Credit Facility and Extended Fund Facility, Request for Modification of Quantitative Performance Criteria, and Second Review Under the Resilience and Sustainability Facility Arrangement-Press Release; Staff Report; and Statement by the Executive Director for the Islamic Republic of Mauritania

December 20, 2024

Ecuador: 2024 Article IV Consultation and First Review Under the Extended Arrangement Under the Extended Fund Facility and Financing Assurances Review-Press Release; Staff Report; and Statement by the Executive Director for Ecuador

December 19, 2024

Philippines: 2024 Article IV Consultation-Press Release; and Staff Report

December 19, 2024