 lagalawa-beach Good beach to go in Comoro |  cruise-comores This was our boat in Moroni |  volovolo-market Our Market in open street |
 comoro-beach Nice place for holiday |  moroni This is my Capital City |
 night Our house in Maroni |  les-comores Our ways in Comoros |  comoros-island So beautifull like Island |
 maroni-night It was so calm at night |
Economy in Comoros
The Comorian economy is dominated by agricultural production and services, which account respectively for 46.3% and 41.6% of GDP. Industry and construction (with roughly equal shares) make up the remaining 12.1%. The latest national estimates of sectoral contributions to GDP date back to 2004. Since then, the working assumption of both the government and development partners has been that GDP shares and contributions to growth have not changed. For this reason, the remainder of this section is based on experts' knowledge of the general trends; it does not provide precise figures since these are not available.
Over the forecast period, private consumption and public investment are expected to be the main growth drivers. Public consumption will be
limited by constraints on the size of the public wage bill. Growth in investment will depend primarily on the mobilisation of aid for the
implementation of the recently approved poverty reduction strategy and on private capital inflows resulting from the related reforms and the
law on economic citizenship.
This law, approved in November 2008, grants Comorian citizenship to a number of individuals from Middle Eastern
countries in exchange for a flow of investments worth up to 200 million US dollars (USD). The funds would be managed by a public-private
partnership, in which the Comorian government would retain the right to select the projects to be executed and a veto on management decisions.
If the funds materialise, they are expected to be spent mainly on roads, airports and hospitals. However, the realisation of these projects
remains uncertain and is partially discounted in our forecasts.
Your commentsThe economy is dead, we're depending on Arabs to come to invest in Country. For me business is going well over here. Looking for business partners in Comores,West Indies,Madagascar,Mozambique for our dental product lines
www.dentonedent.com |
Politic in Comoros
The years since independence from France in 1975 have been characterised by political instability, with 20 coups or
attempted coups and related separatist attempts. The last was put down in 2008 by the landing of hundreds of African
Union troops on Anjouan. The constitution of 2001 established a complex institutional framework, with the Union and each of the three islands having a president, a parliament and a government. The presidency of the Union rotates among the three islands. This constitutional architecture was designed to accommodate Anjouan and Moheli's desire for autonomy, at the cost of creating a cumbersome legislative and executive process. The constitutional reform approved by referendum in 2009 addresses some of these problems, giving clear hierarchical priority to the federal institutions over their island counterparts. The former presidents of the islands have been renamed governors. The current president recently obtained a one-year extension of his term in order to harmonise the presidential electoral schedule with that for the island governors and thus hold unified elections. Presidential and gubernatorial elections are now scheduled for November 2011. |
Your commentsPolitic system in my Country is joke. Politiciens are jokers. There are getting rich and lack of effort to solve countries problems. |
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Your commentsone of beautifull place to come for holiday. white sand beachs. Nice girls, nice weather, nice place for holiday, everything is nice here. |