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Union of the Comoros [electronic resource] : Third Review Under the Three-Year Arrangement Under the Extended Credit Facility, Requests for Waiver of Nonobservance of a Performance Criterion, Modification of a Performance Criterion, Extension of the Arrangement, Rephasing of Disbursements, and Financing Assurances Review.

Author/Creator:
International Monetary Fund. African Dept.
Publication:
Washington, D.C. : International Monetary Fund, 2013.
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 13/38.
IMF Staff Country Reports; Country Report No. 13/38
Format/Description:
Government document
Book
1 online resource (78 p.)
Local subjects:
Balance of payments.
Budget balance.
Central bank.
Current account.
Current account balance.
Current account deficit.
Debt burden.
Debt management.
Debt management capacity.
Debt management office.
Debt management software.
Debt management system.
Debt management systems.
Debt obligations.
Debt policy.
Debt ratios.
Debt relief.
Debt rescheduling.
Debt restructuring.
Debt service.
Debt service payments.
Debt service reduction.
Debt sustainability.
Debt sustainability analysis.
Debt unit.
Debt-relief.
Domestic debt.
Economic growth.
Economic indicators.
Extended Credit Facility.
External borrowing.
External debt.
External debt burden.
External debt management.
External debt service.
External payments.
External payments arrears.
External resources.
Fiscal policy.
Fiscal reforms.
Foreign aid.
Foreign debt.
Government expenditures.
Imf repurchases.
Multilateral creditors.
Net debt.
Payment arrears.
Performance criteria waivers.
Political economy.
Press releases.
Private creditors.
Public debt.
Public debt management.
Public enterprises.
Public enterprises debt.
Public finance.
Repayments.
Repurchases.
Revenue mobilization.
Short-term debt.
Staff Reports.
Comoros.
Summary:
Comoros remains in debt distress, pending the achievement of the completion point under the Highly Indebted Poor Country (HIPC) Initiative. The outlook for 2012 is broadly consistent with expectations under the Extended Credit Facility (ECF) arrangement. The IMF Executive Board has approved a three-year ECF arrangement to support Comoros’ medium-term economic recovery efforts. The government has continued pursuing a prudent external debt management policy. Achievement of the government’s fiscal objectives requires close adherence to the fiscal program to enhance the efficiency of tax and customs administration and to expand the tax base.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund. African Dept.
Other format:
Print Version:
ISBN:
1616354585:
9781616354589
ISSN:
1934-7685
Publisher Number:
10.5089/9781616354589.002
Access Restriction:
Restricted for use by site license.
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