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Record Nr. |
UNINA9910160291603321 |
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Titolo |
Union of Comoros : : 2016 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Union of Comoros |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2016 |
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ISBN |
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Descrizione fisica |
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1 online resource (89 pages) : color illustrations |
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Collana |
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IMF Staff Country Reports |
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Soggetti |
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Exports and Imports |
Labor |
Macroeconomics |
Public Finance |
Statistics |
International Lending and Debt Problems |
Taxation, Subsidies, and Revenue: General |
National Government Expenditures and Related Policies: General |
Wages, Compensation, and Labor Costs: General |
Data Collection and Data Estimation Methodology |
Computer Programs: Other |
Public finance & taxation |
International economics |
Labour |
income economics |
Econometrics & economic statistics |
Civil service & public sector |
Revenue administration |
External debt |
Public financial management (PFM) |
Wages |
Arrears |
Debts, External |
Revenue |
Finance, Public |
International finance |
Finance |
Comoros Economic conditions |
Comoros, Union of the |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This 2016 Article IV Consultation highlights difficulties the economy of Comoros encountered in 2015 and the first half of 2016. An ongoing crisis in the electricity sector and slower-than-expected implementation of the public investment program were the main factors behind the slower growth. Inflation remained well anchored at an annual rate of about 2 percent. Fiscal policy was challenging for most of 2015 as the impact of slower economic growth was compounded by lower revenues. Growth is projected to pick up somewhat to 2 percent in 2016, and revenues are projected to increase to 12 percent of GDP. |
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