European Parliament Library

Comoros :, Recent Economic Developments

Abstract
This paper describes economic developments in Comoros during the 1990s. The economic performance of 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. Public finances came under pressure as revenue performance deteriorated as a result of a narrow tax base, tax exemptions and evasion, and poor tax administration, exacerbated by rising current expenditures, which stemmed in particular from a growing wage bill
Language
eng
Literary Form
non fiction
Note
Bibliographic Level Mode of Issuance: Monograph
Physical Description
1 online resource (107 pages)
Form Of Item
online
Isbn
9781452793979

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