Comoros

Comoros Economic Outlook

  • The serious energy crisis in the Comoros which has been going on for several years is handicapping economic activity and resulting in continued moderate growth.
  • The rise in the wages and salary bill and the funding of the legislative, municipal and council elections exacerbated budgetary tensions but the external position remains comfortable with more than 5.6 months’ cover of imports thanks to remittances from emigrants.
  • The Comoros is a small, densely populated archipelago of four islands (although Mayotte has remained under French administration) facing substantial spatial, economic and demographic disparities resulting in significant migrations, which in turn create serious political and social tensions.

Contacts

East Africa Regional Resource Center (EARC)

African Development Bank Group
Khushee Tower
Longonot  Road, Upper Hill
Nairobi, Kenya

Phone: (254) 20 2712925/ (254) 20 2712926/ (254) 20 2712928
Fax: (254) 20 2712938

Mr. Gabriel Negatu, RRC Director