Comoros Recent Economic Developments
This paper reviews economic developments in the Comoros during 1992-95. The economic performance of the Comoros during 1991-94 was characterized by real growth of about 1.6 percent a year on average, large financial imbalances, an eroding export base, and the accumulation of large domestic and exter...
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| Format: | eBook |
| Language: | English |
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Washington, D.C.
International Monetary Fund
1996
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| Series: | IMF Staff Country Reports
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| Collection: | International Monetary Fund - Collection details see MPG.ReNa |
| Summary: | This paper reviews economic developments in the Comoros during 1992-95. The economic performance of the Comoros during 1991-94 was characterized by real growth of about 1.6 percent a year on average, large financial imbalances, an eroding export base, and the accumulation of large domestic and external payments arrears. The poor economic performance was particularly noticeable during 1994-95 when real GDP, which grew by about 3 percent during 1991-93, declined by about 2 percent a year, as a result of a negative terms-of-trade shock, and increased political uncertainty |
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| Physical Description: | 107 pages |
| ISBN: | 9781451809091 |