01607cas a2200241 a 4500 AALejournalIMF000061 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451809008 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Comoros : Recent Economic Developments. Washington, D.C. : International Monetary Fund, 1996. 1 online resource (107 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 1996/106 Full text available on IMF http://elibrary.imf.org/view/journals/002/1996/106/002.1996.issue-106-en.xml IMF e-Library