LEADER 04177oam 22010694 450 001 9910160292203321 005 20230808201334.0 010 $a1-4755-6306-X 035 $a(CKB)3710000001018418 035 $a(MiAaPQ)EBC4787865 035 $a(IMF)1COMEA2016002 035 $a(EXLCZ)993710000001018418 100 $a20020129d2016 uf 0 101 0 $aeng 135 $aurcnu|||||||| 181 $2rdacontent 182 $2rdamedia 183 $2rdacarrier 200 10$aUnion of Comoros : $eSelected Issues 210 1$aWashington, D.C. :$cInternational Monetary Fund,$d2016. 215 $a1 online resource (30 pages) $ccolor illustrations 225 1 $aIMF Staff Country Reports 311 $a1-4755-6277-2 311 $a1-4755-6308-6 320 $aIncludes bibliographical references. 330 3 $aThis Selected Issues paper assesses the main fiscal trends of the Comorian economy over 2005?15. It highlights continued difficulties in the fiscal performance of and the outlook for Comoros as a result of systemic challenges in revenue administration and public financial management. In particular, there is a structural imbalance between domestic resource mobilization and current spending, especially on public wages and salaries, leaving little scope for domestically financed capital spending, which is essential for economic growth and social development. This fiscal imbalance is more pronounced than in similar sub-Saharan African countries, even after taking into account sizable one-off budget grants that benefited the Comorian economy. 410 0$aIMF Staff Country Reports; Country Report ;$vNo. 2016/394 606 $aPoverty$zComoros 606 $aFinance: General$2imf 606 $aMacroeconomics$2imf 606 $aPublic Finance$2imf 606 $aIndustries: Financial Services$2imf 606 $aLabor$2imf 606 $aBanks$2imf 606 $aDepository Institutions$2imf 606 $aMicro Finance Institutions$2imf 606 $aMortgages$2imf 606 $aTaxation, Subsidies, and Revenue: General$2imf 606 $aFinancial Institutions and Services: Government Policy and Regulation$2imf 606 $aFinancial Markets and the Macroeconomy$2imf 606 $aFinancial Institutions and Services: General$2imf 606 $aFinance$2imf 606 $aPublic finance & taxation$2imf 606 $aLabour$2imf 606 $aincome economics$2imf 606 $aRevenue administration$2imf 606 $aFinancial services$2imf 606 $aNonperforming loans$2imf 606 $aFinancial inclusion$2imf 606 $aLoans$2imf 606 $aFinancial institutions$2imf 606 $aFinancial markets$2imf 606 $aFinancial services industry$2imf 606 $aRevenue$2imf 606 $aExpenditures, Public$2imf 606 $aCapital investments$2imf 607 $aComoros$xEconomic conditions 607 $aComoros, Union of the$2imf 615 0$aPoverty 615 7$aFinance: General 615 7$aMacroeconomics 615 7$aPublic Finance 615 7$aIndustries: Financial Services 615 7$aLabor 615 7$aBanks 615 7$aDepository Institutions 615 7$aMicro Finance Institutions 615 7$aMortgages 615 7$aTaxation, Subsidies, and Revenue: General 615 7$aFinancial Institutions and Services: Government Policy and Regulation 615 7$aFinancial Markets and the Macroeconomy 615 7$aFinancial Institutions and Services: General 615 7$aFinance 615 7$aPublic finance & taxation 615 7$aLabour 615 7$aincome economics 615 7$aRevenue administration 615 7$aFinancial services 615 7$aNonperforming loans 615 7$aFinancial inclusion 615 7$aLoans 615 7$aFinancial institutions 615 7$aFinancial markets 615 7$aFinancial services industry 615 7$aRevenue 615 7$aExpenditures, Public 615 7$aCapital investments 801 0$bDcWaIMF 906 $aBOOK 912 $a9910160292203321 996 $aUnion of Comoros$93408348 997 $aUNINA