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EXECUTIVE SUMMARY Comoros is in the last year of a multi-year economic and structural adjustment program and has made …
Persistent link: https://www.econbiz.de/10014394433
The Fifth Review under the Extended Credit Facility (ECF) Arrangement for the Union of the Comoros discusses …
Persistent link: https://www.econbiz.de/10014395129
The Comorian authorities have made steady progress in fiscal consolidation, reinvigorated their structural reform agenda, and gathered strong public support for sound macroeconomic policies. Macroeconomic developments have been largely positive, mostly thanks to improved policies. External...
Persistent link: https://www.econbiz.de/10014395389
In June 2010, the International Development Association (IDA) and the IMF agreed that Comoros had met the requirements … Debt Relief Initiative (MDRI) debt relief at the completion point would reduce Comoros’ external debt burden significantly …
Persistent link: https://www.econbiz.de/10014395390
Comoros remains in debt distress, pending the achievement of the completion point under the Highly Indebted Poor … (ECF) arrangement. The IMF Executive Board has approved a three-year ECF arrangement to support Comoros’ medium …
Persistent link: https://www.econbiz.de/10014395391
Since its independence in 1975, the Union of Comoros has been deeply affected by political and institutional crises … turning point. The government has begun a wide-ranging program of structural reforms. The external debt of Comoros remains …
Persistent link: https://www.econbiz.de/10014395392
This review is on Comoros’ first full Poverty Reduction Strategy (CPRS). The macroeconomic developments outlined in the …
Persistent link: https://www.econbiz.de/10014395421
Economic developments over the past two years have been challenging due mainly to adverse impacts of political uncertainty (constitutional referendum in mid-2018 and elections in early 2019) and Cyclone Kenneth (April 2019), notwithstanding the provision of Fund emergency financial support...
Persistent link: https://www.econbiz.de/10014408828
This paper presents Union of Comoros' request for a 4-year arrangement under the Extended Credit Facility (ECF). The … ECF-supported program will help preserve Comoros' macroeconomic stability and implement the authorities' plans for fiscal … support from Comoros' international partners, both in terms of financing and capacity development, will be critical for the …
Persistent link: https://www.econbiz.de/10015059327
This paper discusses Union of The Comoros' Second Review under the Staff-Monitored Program (SMP). The implementation of … over the medium term. Comoros was already facing a high risk of debt distress and substantial financing gaps due to large …
Persistent link: https://www.econbiz.de/10015059490