Saturday, 9 April 2011

Comoros: Govt Wage Bill Balloons

The convoluted transition of the Comoros presidency could push the government's wage bill to more than three-quarters of its revenue, "exceeding [its] budgetary capacity", the International Monetary Fund (IMF) said in a statement after a recent mission to the Indian Ocean archipelago.

Source: http://allafrica.com/stories/201104080857.html

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