Union of the Comoros Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility and Request for Waiver of a Performance Criterion

This paper discusses the Union of the Comoros’ Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility (ECF) and Request for Waiver of a Performance Criterion. Performance under the ECF-supported program through end-June was broadly satisfactory. All but one of the performan...

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Bibliographic Details
Corporate Author: International Monetary Fund African Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
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Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:This paper discusses the Union of the Comoros’ Sixth Review Under the Three-Year Arrangement Under the Extended Credit Facility (ECF) and Request for Waiver of a Performance Criterion. Performance under the ECF-supported program through end-June was broadly satisfactory. All but one of the performance criteria and all indicative targets for end-June were met. Most structural benchmarks were also met. The authorities are requesting a waiver for the nonobservance of the performance criterion on net credit to the government at end-June 2013. The IMF staff supports this request and recommends completion of the sixth and final review under the ECF arrangement
Physical Description:48 pages
ISBN:9781484320167