Comoros gets $12 million cash from IMF to respond to COVID-19 pandemic

The Comoros is getting $12 million cash from the International Monetary Fund (IMF) to respond to COVID-19 pandemic.The loan money was approved by the IMF board under the Rapid Credit Facility (RCF) and the Rapid Financing Instrument (RFI). About $4.05 million...

Comoros’ economy expected to rebound, IMF says in fresh assessment

The International Monetary Fund (IMF) said on Friday the economy of Comoros was expected to rebound, despite a devastating cyclone in April and difficulties at several state-owned enterprises.Growth was expected to rebound between 4 and 4 and half percent in 2020...

World Bank pledges $175 million financial support for The Comoros

The World Bank Group on Tuesday pledged an additional $175 million financial assistance for The Comoros.The financial support over the period 2020-2022 is to support The Comoros’ development through its National Emergent Plan, the World Bank said in a...

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