| |
|
|
|
|
|
|
|
1. |
Record Nr. |
UNINA9910160292203321 |
|
|
Titolo |
Union of Comoros : : Selected Issues |
|
|
|
|
|
Pubbl/distr/stampa |
|
|
Washington, D.C. : , : International Monetary Fund, , 2016 |
|
|
|
|
|
|
|
ISBN |
|
|
|
|
|
|
Descrizione fisica |
|
1 online resource (30 pages) : color illustrations |
|
|
|
|
|
|
Collana |
|
IMF Staff Country Reports |
|
|
|
|
|
|
Soggetti |
|
Poverty - Comoros |
Finance: General |
Macroeconomics |
Public Finance |
Industries: Financial Services |
Labor |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Taxation, Subsidies, and Revenue: General |
Financial Institutions and Services: Government Policy and Regulation |
Financial Markets and the Macroeconomy |
Financial Institutions and Services: General |
Finance |
Public finance & taxation |
Labour |
income economics |
Revenue administration |
Financial services |
Nonperforming loans |
Financial inclusion |
Loans |
Financial institutions |
Financial markets |
Financial services industry |
Revenue |
Expenditures, Public |
Capital investments |
Comoros Economic conditions |
Comoros, Union of the |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Lingua di pubblicazione |
|
|
|
|
|
|
Formato |
Materiale a stampa |
|
|
|
|
|
Livello bibliografico |
Monografia |
|
|
|
|
|
Nota di bibliografia |
|
Includes bibliographical references. |
|
|
|
|
|
|
Sommario/riassunto |
|
This Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005–15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemic challenges in revenue administration and public financial management. In particular, there is a structural imbalance between domestic resource mobilization and current spending, especially on public wages and salaries, leaving little scope for domestically financed capital spending, which is essential for economic growth and social development. This fiscal imbalance is more pronounced than in similar sub-Saharan African countries, even after taking into account sizable one-off budget grants that benefited the Comorian economy. |
|
|
|
|
|
|
|
| |