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International Monetary Fund. African Dept.
This review is on Comoros’ first full Poverty Reduction Strategy (CPRS). The macroeconomic developments outlined in the progress report are broadly in line with the assessment. Key policy challenges remain for the future. Progress in strengthening budget management has mixed during the report period. Despite reform momentum, which has picked up recently, the progress report correctly characterizes developments in the energy sector as falling short of expectations during 2011. Deficient transport and telecommunication infrastructures are important constraints to the development of the Comorian economy.
International Monetary Fund. African Dept.

) with technical assistance from the World Bank. Though limited, encouraging progress was also recorded in the health and education sectors as infant and maternal mortality rates declined, and primary school enrollment rates improved slightly, including for girls. However, monitoring and evaluation of the CPRS implementation continue to be hampered by the lack of a comprehensive and reliable statistical system, as well as by the authorities’ limited technical expertise in key policy areas. Macroeconomic and Growth Framework 5. The macroeconomic developments

International Monetary Fund. African Dept.