Union of Comoros : Selected Issues.

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,...

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Bibliografische gegevens
Coauteur: International Monetary Fund. African Dept
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2016.
Reeks:IMF Staff Country Reports; Country Report ; No. 2016/394
Online toegang:Full text available on IMF
Omschrijving
Samenvatting: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.
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Fysieke beschrijving:1 online resource (29 pages)
Formaat:Mode of access: Internet
ISSN:1934-7685
Toegang:Electronic access restricted to authorized BRAC University faculty, staff and students