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Union of Comoros : : Selected Issues



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Titolo: Union of Comoros : : Selected Issues Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2016
Descrizione fisica: 1 online resource (30 pages) : color illustrations
Soggetto topico: 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
Soggetto geografico: Comoros Economic conditions
Comoros, Union of the
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.
Titolo autorizzato: Union of Comoros  Visualizza cluster
ISBN: 1-4755-6306-X
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910160292203321
Lo trovi qui: Univ. Federico II
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Serie: IMF Staff Country Reports; Country Report ; ; No. 2016/394